Power Trading Agent Competition

About

Power TAC teams develop an independent trading agent that competes against other agents in the Power Trading Agent Competition. Power TAC is a competitive simulation that models a ‘liberalized‘ retail electrical energy market in which competing business entities or ‘brokers‘ offer energy services to customers through tariff contracts. They then serve those customers by trading in a wholesale market. Brokers are challenged to maximize their profits by buying and selling energy in the wholesale and retail markets, subject to fixed costs and constraints. The winner of an individual game is the broker with the highest bank balance at the end of a simulation run. Costs mimic real world considerations and include fees or penalties for publication and withdrawal of tariffs, rectifying supplydemand imbalances, contributions to peak demand, and for customer connections. The competing brokers are designed by teams from around the globe. Your team will be one of them.

Course leader

University of Cologne - Institute of Energy Economics

Target group

Are you a Bachelor, Master, or Ph.D. student with a strong interest in energy markets and/or machine learning? Do you want to challenge your skills under competitive conditions with an ambitious team? Do you want to network with international energy informatics scientists? Take part in the Power TAC competition and apply as a team or individually for the 2021 tournament.

Course aim

Participating in the PowerTAC Trading Agent Competition