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Autonomous Electricity Trading Using Time-of-Use Tariffs in a Competitive Market

AAAI 2016 · Multi-agent systems and games › Games and equilibria · approach: Fair division and coalition formation · 17 citations (OpenAlex)

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Measured effects reported in the paper

What was changedWhereMeasuredEffect
replace fixed-rate tariff with gradient-optimized TOU tariff (ablation)broker agent · Power TAC vs AgentUDE and CWIBrokerpeak demand (MW): 86.771 -> 73.519 (UDE); 86.701 -> 73.651 (CWI)Helped
replace fixed-rate tariff with gradient-optimized TOU tariff (ablation)broker agent · Power TAC vs AgentUDEbroker score (M$): 1.893 -> 1.922Helped
replace fixed-rate tariff with gradient-optimized TOU tariff (ablation)broker agent · Power TAC vs CWIBrokerbroker score (M$): 0.677 -> 0.622Hurt
replace fixed-rate tariff with gradient-optimized TOU tariff (ablation)broker agent · Power TAC vs CWIBrokermarket share (%): 44.2 -> 54.7Helped
use gradient-based TOU optimization instead of naive cost-plus-margin TOU (ablation)TOU broker · Power TAC vs AgentUDEbroker score (M$): 1.689 -> 1.922Helped
use gradient-based TOU optimization instead of naive cost-plus-margin TOU (ablation)TOU broker · Power TAC vs CWIBrokerbroker score (M$): 0.524 -> 0.622Helped
add consumption-shifting prediction module (ablation)TOU broker · Power TAC vs CWIBrokerbroker score (M$): 0.507 -> 0.622Helped
add consumption-shifting prediction module (ablation)TOU broker · Power TAC vs CWIBrokerpeak demand (MW): 83.728 -> 73.651Helped
use accurate cost-curve prediction instead of noisy flatter-slope prediction (ablation)TOU broker · Power TAC vs CWIBrokerbroker score (M$): -0.007 -> 0.622Helped
use accurate cost-curve prediction instead of noisy flatter-slope prediction (ablation)TOU broker · Power TAC vs CWIBrokerpeak demand (MW): 82.779 -> 73.651Helped

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