The CrocodileAgent 2012: Negotiating Agreements in Smart Grid Tariff Market

Power Trading Agent Competition (Power TAC) is a recently devel- oped smart grid power market simulator that represents one competition scenar- io of the Trading Agent Competitions (TAC) international forum. According to the recent liberalization of power systems, the idea of Power TAC is the devel- opment of agent-based architectures which will provide realistic tests for the creation of future electric power markets. In this paper, we summarize the anal- ysis of i) negotiating agreements in the Power TAC Tariff Market; and ii) ap- proaches and methods that the CrocodileAgent uses to maximize its profit and balance its portfolio.