Electricity Markets Ontology to Support MASCEM's Simulations

Gabriel Santos, Tiago Pinto, Zita Vale, Isabel Praca, Hugo Morais

Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review


Power systems worldwide are complex and challenging environments. The increasing necessity for an adequate integration of renewable energy sources is resulting in a rising complexity in power systems operation. Multi-agent based simulation platforms have proven to be a good option to study the several issues related to these systems, including the involved players that act in this domain. To take better advantage of these systems, their integration is mandatory. The main contribution of this paper is the development of the Electricity Markets Ontology, which integrates the essential concepts necessary to interpret all the available information related to electricity markets, while enabling an easier cooperation and adequate communication between related systems. Additionally, the concepts and rules defined by this ontology can be extended and complemented according to the needs of other simulation and real systems in this area. Each system's particular ontology must import the proposed ontology, thus enabling the effective interoperability between independent systems.
Original languageEnglish
Title of host publicationHighlights of Practical Applications of Scalable Multi-Agent Systems. The PAAMS Collection : International Workshops of PAAMS 2016
EditorsJ. Bajo
Number of pages12
Publication date2016
ISBN (Electronic)978-3-319-39387-2
Publication statusPublished - 2016
Event14th International Conference on Practical Applications of Agents and Multiagent Systems - Seville, Spain
Duration: 1 Jun 20163 Jun 2016
Conference number: 14


Conference14th International Conference on Practical Applications of Agents and Multiagent Systems
Internet address
SeriesCommunications in Computer and Information Science


  • Computer Science (all)
  • Electricity markets
  • Multi-agent simulation
  • Ontologies
  • Commerce
  • Interoperability
  • Ontology
  • Power markets
  • Renewable energy resources
  • Independent systems
  • Integration of renewable energies
  • Multi agent based simulations
  • Multi agent simulation
  • Power systems operation
  • Real systems
  • Related systems
  • Multi agent systems

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