A Decentralized Approach for Optimal Wholesale Cross-Border Trade Planning Using Multiagent Technology

@article{Wei2001ADA,
  title={A Decentralized Approach for Optimal Wholesale Cross-Border Trade Planning Using Multiagent Technology},
  author={Ping Wei and Yunhong Yan and Yujing Ni and Jerome Yen and Feng-Wei Wu},
  journal={IEEE Power Engineering Review},
  year={2001},
  volume={21},
  pages={61-61}
}
Over the past decade, the power industry has been undergoing deregulations to introduce competitions among market participants. Once centralized decision making must now adapt to the new market structure. The optimal cross-border electricity trade planning is an important issue in interconnected power systems under transmission open access. In this paper a decentralized approach is suggested to solve the problem using multiagent technology. In the new approach rational market participants make… CONTINUE READING

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