Enabling Communications in Heterogeneous Multi-Agent Systems: Electricity Markets Ontology

Electricity markets worldwide are complex and dynamic environments with very particular characteristics, resulting from their restructuring and evolution into regional and continental scales, along with the constant changes brought by the increasing necessity for an adequate integration of renewable...

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Main Authors: Gabriel SANTOS, Tiago PINTO, Zita VALE, Isabel PRAÇA, Hugo MORAIS
Format: Article
Language:English
Published: Ediciones Universidad de Salamanca 2016-11-01
Series:Advances in Distributed Computing and Artificial Intelligence Journal
Subjects:
Online Access:https://revistas.usal.es/index.php/2255-2863/article/view/14859
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author Gabriel SANTOS
Tiago PINTO
Zita VALE
Isabel PRAÇA
Hugo MORAIS
author_facet Gabriel SANTOS
Tiago PINTO
Zita VALE
Isabel PRAÇA
Hugo MORAIS
author_sort Gabriel SANTOS
collection DOAJ
description Electricity markets worldwide are complex and dynamic environments with very particular characteristics, resulting from their restructuring and evolution into regional and continental scales, along with the constant changes brought by the increasing necessity for an adequate integration of renewable energy sources. The rising complexity and unpredictability in electricity markets has increased the need for the intervenient entities in foreseeing market behaviour. Several modelling tools directed to the study of restructured wholesale electricity markets have emerged. However, they have a common limitation: the lack of interoperability between the various systems to allow the exchange of information and knowledge, to test different market models and to allow market players from different systems to interact in common market environments. This paper proposes the Electricity Markets Ontology, which integrates the essential necessary concepts related with electricity markets, while enabling an easier cooperation and adequate communication between related systems. Additionally, it can be extended and complemented according to the needs of other simulators and real systems in this area
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spelling doaj.art-72177aa6b0824f31a1b132b7f93dec6c2022-12-21T17:01:03ZengEdiciones Universidad de SalamancaAdvances in Distributed Computing and Artificial Intelligence Journal2255-28632016-11-0152154210.14201/ADCAIJ201652254213570Enabling Communications in Heterogeneous Multi-Agent Systems: Electricity Markets OntologyGabriel SANTOS0Tiago PINTO1Zita VALE2Isabel PRAÇA3Hugo MORAIS4GECAD - Polytechnic of PortoGECAD - Polytechnic of PortoGECAD - Polytechnic of PortoGECAD - Polytechnic of PortoAUTomation and Control Group – Department of Electrical Engineering, Technical University of Denmark (DTU)Electricity markets worldwide are complex and dynamic environments with very particular characteristics, resulting from their restructuring and evolution into regional and continental scales, along with the constant changes brought by the increasing necessity for an adequate integration of renewable energy sources. The rising complexity and unpredictability in electricity markets has increased the need for the intervenient entities in foreseeing market behaviour. Several modelling tools directed to the study of restructured wholesale electricity markets have emerged. However, they have a common limitation: the lack of interoperability between the various systems to allow the exchange of information and knowledge, to test different market models and to allow market players from different systems to interact in common market environments. This paper proposes the Electricity Markets Ontology, which integrates the essential necessary concepts related with electricity markets, while enabling an easier cooperation and adequate communication between related systems. Additionally, it can be extended and complemented according to the needs of other simulators and real systems in this areahttps://revistas.usal.es/index.php/2255-2863/article/view/14859electricity marketsmulti-agent simulationontologiessemantic interoperability
spellingShingle Gabriel SANTOS
Tiago PINTO
Zita VALE
Isabel PRAÇA
Hugo MORAIS
Enabling Communications in Heterogeneous Multi-Agent Systems: Electricity Markets Ontology
Advances in Distributed Computing and Artificial Intelligence Journal
electricity markets
multi-agent simulation
ontologies
semantic interoperability
title Enabling Communications in Heterogeneous Multi-Agent Systems: Electricity Markets Ontology
title_full Enabling Communications in Heterogeneous Multi-Agent Systems: Electricity Markets Ontology
title_fullStr Enabling Communications in Heterogeneous Multi-Agent Systems: Electricity Markets Ontology
title_full_unstemmed Enabling Communications in Heterogeneous Multi-Agent Systems: Electricity Markets Ontology
title_short Enabling Communications in Heterogeneous Multi-Agent Systems: Electricity Markets Ontology
title_sort enabling communications in heterogeneous multi agent systems electricity markets ontology
topic electricity markets
multi-agent simulation
ontologies
semantic interoperability
url https://revistas.usal.es/index.php/2255-2863/article/view/14859
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AT isabelpraca enablingcommunicationsinheterogeneousmultiagentsystemselectricitymarketsontology
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