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?
Then consider forming a Power TAC competition team and applying for funding for the 2021 tournament.
PowerTAC Simulation Game
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 supply-demand 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.
Prerequisite for participation
Current enrolment in a university for a Ph.D., masters or bachelors degree
A team in which the following skills are represented:
Solid command of programming skills in Java
Basic skills in reinforcement learning
Programming skills in Python are helpful but not necessary
Understanding of electricity markets
If you have at least one of the skills mentioned above or have a formed a team which covers many but not all of the necessary skills, contact us as soon as possible and we will try to match you with other applicants.
Availability for participation in the 5-day summer school “Modelling Future Solutions for Europe and the MENA-Region” (see more information under activities "Online Summer School")
Availability for participation in three intercultural online workshops during the program
BaSEF Online Scholarships (DAAD funded)
The PowerTAC Simulation Game is open to participants around the globe. For participants enrolled at a University of the MENA-region (Middle East and North Africa) or at the University of Cologne, there are DAAD online scholarships available, as part of the BaSEF project (www.basef-network.com) to build up intercultural research networks
Funding requirements
Participation in the Power TAC tournament
Availability for participation in the 5-day summer school “Modelling Future Solutions for Europe and the MENA-Region”
Availability for participation in three intercultural online workshops during the program
Required documents
Curriculum Vitae
Proof of enrolment at a university.
Letter of motivation (expected outcomes of your participation in the Power TAC Tournament should be highlighted). The letter should not exceed one page.
Funding Conditions
From August until October 2021
Funding of 300€ per month
Scientific and Organizing Committee
Prof. Dr. Wolfgang Ketter, Director of the Institute of Energy Economics at the University of Cologne (EWI)
Prof. John Collins, Computer Science and Engineering, University of Minnesota
Contact
Dr. Thilo Zimmermann, International Project Manager at the International Office, University of Cologne