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Smart Grid Challenges for Electricity Retailers

, and . KI -- Künstliche Intelligenz, 28 (3): 191-198 (August 2014)
DOI: 10.1007/s13218-014-0311-6

Abstract

The need to achieve sustainability is driving a major transformation of the energy sector. The traditional top-down approach to electricity supply and grid management is being strongly disrupted by a range of forces including distributed renewables, retail market liberalization, and the need for energy consumers to adapt their behavior to the availability of renewable energy sources. We introduce Power TAC, a competitive simulation that challenges researchers to build autonomous trading agents that tackle the complex decision processes a retailer will need to face in future competitive retail electricity markets.

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