Power TAC- Power Trading Agent Competition

Power TAC- Power Trading Agent Competition Power TAC stands for Power Trading Agent Competition. http://www.powertac.org/wiki/index.php/Main_Page

Power TAC is an agent-based open energy system model simulating the performance of retail markets in an increasingly prosumer- and renewable-energy-influenced electricity landscape. Sustainable energy systems of the future will need more than efficient, clean, low-cost, renewable energy sources; they will also need efficient price signals that motivate sustainable energy consumption as well as a b

etter real-time alignment of energy demand and supply. In Power TAC, agents act as retail brokers in a local power distribution region, purchasing power from a wholesale market as well as from local sources, such as homes and businesses with solar panels, and selling power to local customers and into the wholesale market. Retail brokers must solve a supply-chain problem in which the product is infinitely perishable, and supply and demand must be exactly balanced at all times. Our Power TAC public wiki is home to the developing game design and specification, along with a growing bibliography of background materials on the economics of electric power systems.

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Rotterdam

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