Towards a Self-Organization Mechanism for Agent Associations in Electricity Spot Markets
Sebastian Beer, Michael Sonnenschein, Hans-Jürgen Appelrath
IT für die Energiesysteme der Zukunft at INFORMATIK 2011 - Informatik schafft Communities
Berlin 2011
Berlin 2011
Abstract: In the course of the last years, the liberalization of electricity markets induced the creation of power exchanges which allow participants to the trade electricity-related products in a competitive manner. Yet, in today's market structures small-scale units like photovoltaic or wind energy plants are prevented from direct participation because of capacity-related barriers to entry. To address this problem, the following paper introduces a mechanism for self-organizing agents which allows actors to join forces by aggregating their generation and consumption capacities. More specifically, we consider a market setting where participants trade active power products by forming product-related associations in a decentralized, temporally flexible fashion. Taking topology-related aspects of the grid into account, the approach accounts for the current trend towards more location-aware, regional-oriented market structures and thus provides the potential of a more efficient power provision.