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 market in which the participants interact by submitting bids or offers into a market via a web-based user interface. The PowerWeb environment is meant to be flexible so as to allow investigation of various market mechanisms. In this paper we describe its interactive, distributed and web-based character.

Keywords

Computer scienceCommon value auctionThe InternetWeb applicationSoftwareInterface (matter)Host (biology)ArchitectureElectric powerOpen platformDistributed computingPower (physics)World Wide WebOperating system

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Publication Info

Year
1999
Type
article
Volume
24
Issue
3-4
Pages
193-205
Citations
45
Access
Closed

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Ray D. Zimmerman, Robert J. Thomas, Deqiang Gan et al. (1999). A web-based platform for experimental investigation of electric power auctions. Decision Support Systems , 24 (3-4) , 193-205. https://doi.org/10.1016/s0167-9236(98)00083-9

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DOI
10.1016/s0167-9236(98)00083-9