Verification of Rise of Market Price using Multi-Agent Simulation Model for Electric Power Sharing among Households

Abstract

Electric power sharing among households based on bidding method is studied as a future service. In order to verify the feasibility of the service, we have designed a multi-agent simulation model. As a part of the feasibility study, we conducted verification of rising market price, which affects household profits with this service. We confirmed that the MAS model can reproduce the rising price with reference to the rising price at JEPX (Japan Electric Power Exchange) as reference. In addition, we analyzed the difference between the simulation conditions for price rising and calming. Simulation results show that the trend of rise and calm of market price change depending on the ratio of market participants' bid strategies.