Share Email Print
cover

Proceedings Paper

Simulation of trading strategies in the electricity market
Author(s): Kamil Charkiewicz; Robert Nowak
Format Member Price Non-Member Price
PDF $14.40 $18.00

Paper Abstract

The main objective of the energy market existence is reduction of the total cost of production, transport and distribution of energy, and so the prices paid by terminal consumers. Energy market contains few markets that are varying on operational rules, the important segments: the Futures Contract Market and Next Day Market are analyzed in presented approach. The computer system was developed to simulate the Polish Energy Market. This system use the multi-agent approach, where each agent is the separate shared library with defined interface. The software was used to compare strategies for players in energy market, where the strategies uses auto-regression, k-nearest neighbours, neural network and mixed algorithm, to predict the next price.

Paper Details

Date Published: 6 October 2011
PDF: 10 pages
Proc. SPIE 8008, Photonics Applications in Astronomy, Communications, Industry, and High-Energy Physics Experiments 2011, 80080O (6 October 2011); doi: 10.1117/12.903669
Show Author Affiliations
Kamil Charkiewicz, Warsaw Univ. of Technology (Poland)
Robert Nowak, Warsaw Univ. of Technology (Poland)


Published in SPIE Proceedings Vol. 8008:
Photonics Applications in Astronomy, Communications, Industry, and High-Energy Physics Experiments 2011
Ryszard S. Romaniuk, Editor(s)

© SPIE. Terms of Use
Back to Top