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10.1109/DEXA.2012.24guideproceedingsArticle/Chapter ViewAbstractPublication PagesConference Proceedingsacm-pubtype
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Concession Strategies for Negotiating Bilateral Contracts in Multi-agent Electricity Markets

Published: 03 September 2012 Publication History

Abstract

Electricity markets are systems for effecting the purchase and sale of electricity using supply and demand to set energy prices. Market participants are commonly exposed to financial risks, particularly high price volatility. This article addresses the challenge of using software agents with negotiation competence to help manage the complexity of electricity markets. Specifically, it presents a model for software agents that handles two-party and multi-issue negotiation. Market participants equipped with the model are able to enter into forward contracts to protect themselves from volatility at times of peak demand and supply shortages.

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  • (2013)Negotiating Hour-Wise Tariffs in Multi-Agent Electricity MarketsProceedings of the 6th International Conference on Industrial Applications of Holonic and Multi-Agent Systems - Volume 806210.1007/978-3-642-40090-2_22(246-256)Online publication date: 26-Aug-2013
  1. Concession Strategies for Negotiating Bilateral Contracts in Multi-agent Electricity Markets

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      Published In

      cover image Guide Proceedings
      DEXA '12: Proceedings of the 2012 23rd International Workshop on Database and Expert Systems Applications
      September 2012
      288 pages
      ISBN:9780769548012

      Publisher

      IEEE Computer Society

      United States

      Publication History

      Published: 03 September 2012

      Author Tags

      1. automated negotiation
      2. bilateral contracts
      3. electricity markets
      4. intelligent software agents

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      • (2013)Negotiating Hour-Wise Tariffs in Multi-Agent Electricity MarketsProceedings of the 6th International Conference on Industrial Applications of Holonic and Multi-Agent Systems - Volume 806210.1007/978-3-642-40090-2_22(246-256)Online publication date: 26-Aug-2013

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