AID-EM: Adaptive decision support for electricity markets negotiations

Abstract

This paper presents the Adaptive Decision Support for Electricity Markets Negotiations (AiD-EM) system. AiD-EM is a multi-agent system that provides decision support to market players by incorporating multiple sub-(agent-based) systems, directed to the decision support of specific problems. These sub-systems make use of different artificial intelligence methodologies, such as machine learning and evolutionary computing, to enable players adaptation in the planning phase and in actual negotiations in auction-based markets and bilateral negotiations. AiD-EM demonstration is enabled by its connection to MASCEM (Multi-Agent Simulator of Competitive Electricity Markets).