The CrocodileAgent 2012: Reaching Agreements in a Simulation of a Smart Grid Wholesale Market

Over the last few years electricity markets are going through liberali- zation and modernization processes, which have resulted in introduction of smart grids. The Power Trading Agent Competition (Power TAC) is a simula- tion platform for evaluating trading strategies for the smart grid electricity mar- kets: the tariff and the wholesale market. This paper gives an outline of our pro- posed strategies for reaching agreements in the Power TAC wholesale market.