ACE Research Area: Restructured Electricity Markets
The goal of this resource site is to encourage the study of restructured electricity systems from a perspective that adequately addresses both economic and engineering concerns. In line with this goal, stress is placed on research making use of powerful new agent-based computational modeling tools. These tools permit restructured electricity systems to be modeled as commercial networks of strategically interacting traders and regulatory agencies learning to operate through time over realistically rendered transmission grids.
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