Portal de Periódicos da CAPES

PRACTICAL APPROACH FOR ENERGY MARKET TRADING SIMULATOR

2020; Volume: 2020; Linguagem: Inglês

10.24818/ie2020.03.03

2284-7472

Anda Velicanu,

Electric Power System Optimization

This paper presents the implementation of an energy market simulator that is developed under a research grant.In the introduction there are mentioned several other software simulators available on the market or as research proposals (CrocodileAgent 2012, Market Coupling Simulator and Algo Trader), and also the main characteristics for these types of applications.The system's architecture and the used technologies are shown in chapter 2, while the implementation of the two main modules is in the following chapters.The application is developed in JDeveloper using PL/SQL web services, jsf pages and an Oracle database.The first application module refers to interfaces for the simulator's inputs following the flow: Offers -Packages -Bids -Contracts -Settlements -Invoices -Encashments.The second application module is developed for virtually trading on the wholesale electricity markets in Romania: the Market for Bilateral Contracts, the Day-Ahead Market and the Balancing Market.Most examples in this paper are provided for the Market for Bilateral Contracts' web page.