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Author: | Zimmerman, R. |
Title: | A web-based platform for experimental investigation of electric power auctions |
Journal: | Decision Support Systems
1999 : VOL. 25:1, p. 193-206 |
Index terms: | ELECTRICITY POWER AUCTIONS |
Language: | eng |
Abstract: | This paper describes the architecture and uses of an Internet-based software platform called PowerWeb. PowerWeb was designed and implemented as a simulation environment for evaluating various power exchange auction markets through experimental investigation. It is designed to host simulations of a competitive "day-ahead" electric energy electric energy market in which the participants interact by submitting bids or offers into a market via a web-based user interface. |
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