Motivation

The transformation of electricity markets associated with the transition towards high shares of renewable power generation results in the constant development of market mechanisms, increase of sector coupling, and creation of new market platforms. Introducing a new market or changing the current market design does, however, affect all other markets and their participants because of their strong interrelation in not necessarily foreseeable ways, as the last changes in the German reserve markets demonstrated. This raises the need for tools and simulation models to investigate and understand such complex interplay of markets and predict possible adverse effects and misuse of market power.

Goals and Approach

The ASSUME project aims to develop an open-source, agent-based simulation toolbox for electricity markets using deep reinforcement learning (DRL) algorithms. The open-source toolbox is currently under development and a first version is released. You can find all the infos on the website Get in touch if you want to know more!

Project Partner Research

Assume is a collaborative research project involving researchers from three distinct universities: KIT (Karlsruhe Institute of Technology), the University of Freiburg, and the University of Aachen.

Git: Git-repositories

Documentation: docs