• Raymond H. Byrne (Sandia National Laboratories)
  rhbyrne AT sandia.gov
• Jim Ellison (Project Director, Principal Grid Analyst, Sandia National Laboratories)
  jelliso AT sandia.gov
• Ross Guttromson (Energy Storage and Transmission Analyst, Sandia National Laboratories)
  rguttro AT sandia.gov
• Deung-Yong Heo (RA, Econ PhD Student, ISU)
  dyheo AT iastate.edu
• Verne Loose (Economist, Sandia National Laboratories)
  vwloose AT sandia.gov
• Andrew Nguyen (RA, Econ/CS/Math Undergrad, ISU)
  anguyen AT iastate.edu
• Dong-Jin Pyo (RA, Econ PhD Student, ISU)
  djpyo AT iastate.edu
• Leigh Tesfatsion (Professor of Econ, Math, and ECpE, ISU)
  tesfatsi AT iastate.edu

• Dhruv Bhatnagar (Energy Policy Analyst, Sandia National Laboratories)
  dbhatna AT sandia.gov
• Roger Hill (Sandia National Laboratories)
  rrhill AT sandia.gov
• Hongyan Li (Consulting Engineer, ABB Inc., Raleigh, NC)
  li.trileave AT gmail.com
• Abhishek Somani (Econ Ph.D. Candidate, ISU)
  somaniabhishek AT yahoo.com

Supporting and Related Projects

ARPA-E Project (Stochastic SCUC/SCED Formulation):

Sponsor: ARPA-E/Department of Energy

Title: "Improved Power System Operations Using Advanced Stochastic Optimization"

Co-Principal Investigators: Dionysios Aliprantis and Leigh Tesfatsion

Date of Award: February 2012

Duration of Award: Two Years

Sandia Project (Ancillary Services/Storage Resources):

Sponsor: Sandia National Laboratories (SNL)

Title: "Market Design for Energy, Ancillary and Reliability Services in Wholesale Electric Power Markets"

Principal Investigator: Leigh Tesfatsion

Date of Award: July 2011

Duration of Award: Annual Contract

EPRC Project (Integrated Retail/Wholesale Power Systems):

Sponsor: Electric Power Research Center (EPRC)

Title: "Integrated Retail and Wholesale Power System Operation with Smart-Grid Functionality"

Principal Investigators: Dionysios Aliprantis and Leigh Tesfatsion

Date of Award: August 2010

Duration of Award: Three years

PNNL Project (Integrated Retail/Wholesale Power Markets):

Sponsor: Pacific Northwest National Laboratory/Battelle

Title: "A Test Bed for the Integrated Experimental Study of Retail and Wholesale Power Market Designs"

Principal Investigator: Leigh Tesfatsion

Date of Award: June 2009

Duration of Award: Three years

EPRC Project (Risk Management in Electric Power Systems):

Sponsor: Electric Power Research Center (EPRC)

Title: "Financial and Operational Risk Management in Restructured Wholesale Power Markets"

Principal Investigator: Leigh Tesfatsion

Date of Award: August 2009

Duration of Award: Three years

Background Readings

Article Readings:

• Lawrence M. Ausubel and Peter Cramton, "Using Forward Markets to Improve Electricity Design" (pdf,112KB), Utilities Policy 18 (2010), 195-200.

• Joe H. Chow, Robert W. De Mello, and Kwok W. Cheung, "Electricity Market Design: An Integrated Approach to Reliability Assurance" (pdf,692KB), Proceedings of the IEEE 93(11), November 2005, 1956-1969.

• Peter Cramton, Hung-po Chao, and Robert Wilson, "Review of the Proposed Reserve Markets in New England" (pdf,198KB), University of Maryland, EPRI, and Stanford University 18 January 2005.

• Peter Cramton and Steven Stoft, "The Convergence of Market Designs for Adequate Generating Capacity" (pdf,318KB), White Paper for the Electricity Oversight Board (with special attention to CAISO's resource adequacy problem), 25 April 2006.

• Peter Cramton and Axel Ockenfels, "Economics and Design of Capacity Markets for the Power Sector" (pdf,668KB), Working Paper, 30 May 2011.

• Deqiang Gan and Eugene Litvinov, "A Lost Opportunity Cost Model for Energy and Reserve Co-Optimization" (pdf,216KB), Proceedings, IEEE, 2002.

• Paul L. Joskow and Jean Tirole, "Reliability and Competitive Electricity Markets" (pdf,286KB), NBER Working Paper 10472, National Bureau of Economic Reserch, May 2004.

• Verne Loose, "Quantifying the Value of Hydropower in the Electric Grid: Role of Hydropower in Existing Markets" (pdf,2.1MB), Sandia Report, SAND2011-1009, January, 2011.

• Ram Rajagopal, Eilyan Bitar, Pravin Varaiya, Felix Wu, "Risk-Limiting Dispatch for Integrating Renewable Power" (pdf,476KB), September 25, 2011

• Yann G. Rebours, Daniel S. Kirschen, Marc Trotignon, and Sébastien Rossignol, "A Survey of Frequency and Voltage Control Ancillary Services - Part I:Technical Features" (pdf,284MB), IEEE Transactions on Power Systems, 22(1), February 2007, 350-357.

• Yann G. Rebours, Daniel S. Kirschen, Marc Trotignon, and Sébastien Rossignol, "A Survey of Frequency and Voltage Control Ancillary Services - Part II:Economic Features" (pdf,284MB), IEEE Transactions on Power Systems, 22(1), February 2007, 358-366.

• Fred C. Schweppe, RIchard D. Tabors, James L. Kirtley, Jr., Hugh R. Outhred, Frederick H. Pickel, and Alan J. Cox, "Homeostatic Utility Control" (pdf,4.5MB), IEEE Transactions on Power Systems, Vo. PAS-99, No. 3, May/June 1980, 1151-1163.

• Tongxin Zheng and Eugene Litvinov, "Ex Post Pricing in the Co-Optimized Energy and Reserve Market" (pdf,342KB), IEEE Transactions on Power Systems 21(4), 2006, 1528-1538.

Official Documents and Reports:

• "Bottling Energy: Storage as a Strategic Tool for Managing Variability and Capacity Concerns in the Modern Grid" (pf,1.6MB), The Electricity Advisory Committee, December 2008.

• Erik Ela, Michael Milligan, and Brendan Kirby, "Operating Reserves and Variable Generation" (pdf,2.4MB), Technical Report, National Renewable Energy Laboratory (NREL), NREL/TP-5500-51978, August 2011.

• "Electricity Storage: How Regulators Can Ensure that New Technologies Benefit Customers" (pdf,772KB), National Regulatory Research Institute, July 2011.

  FERC Order 755, "Frequency Regulation Compensation in the Organized Wholesale Power Markets" (pdf,371KB), 18 CFR Part 35, October 20, 2011 [Docket Nos. RM11-7-000 and AD10-11-000; Order No. 755].

  FERC Notice of Inquiry, "Third-Party Provision of Ancillary Services; Accounting and Financial Reporting for New Electric Storage Technologies" (pdf,140KB), 18 CFR Chapter I, June 16, 2011 [Docket Nos. RM11-24-000 and AD10-13-000].

• MISO Energy Storage Study (pdf,300KB), July 19, 2011.

Online Resource Sites

General Information Sources

• Department of Energy (DOE)

• Energy Information Administration (EIA)

• Federal Energy Regulatory Commission

• National Renewable Energy Laboratory

• The Economics of Nuclear Power

• General Resources on Electricity Restructuring

• Agent-Based Computational Electricity Research

• EE/Econ 458: Economic Systems for Electric Power Planning
  Note: This power economics course has been designed for long-distance access. All lecture notes and assigned readings are posted on-line.

• Open-Source Software for Electricity Market Research, Teaching, and Training

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U.S. Restructured Wholesale Electric Power Markets - Homepages

• CAISO: California ISO Homepage
• ERCOT: Electric Reliability Council of Texas Homepage
• ISO-NE: ISO New England Homepage
• MISO: Midwest ISO Homepage
• NY-ISO: New York ISO Homepage
• PJM Homepage
• SPP: Southwest Power Pool Homepage

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U.S. Restructured Wholesale Electric Power Markets - More Detailed Information

CAISO: California ISO Homepage

CAISO Definitions (pdf,588KB)

FERC Market Oversight - CAISO

CAISO Business Practice Manuals (BPM) Library

The CAISO Open-Access Same-Time Information System (OASIS)

Energy Almanac for California, maintained by the California Energy Commission.

"BPM Configuration Guide: Day Ahead Spinning Reserve Capacity Settlement" (html), Version 5, CAISO, Latest Revision 04/01/2011.

"BPM Configuration Guide: HASP Spinning Reserve Capacity Settlement" (html), Version 5, CAISO, Latest Revision 04/01/2011.

"BPM Configuration Guide: Real Time Spinning Reserve Capacity Settlement" (html), Version 5, CAISO, Latest Revision 04/01/2011.

"BPM Configuration Guide: Regulation Down Obligation Settlement" (html) Version 5, CAISO, Latest Revision 04/01/2011.

"BPM for Market Operations" (html), Version 24, CAISO, Latest Revision 10/28/2011

ERCOT: Electric Reliability Council of Texas Homepage

ERCOT Definitions & Acronyms (pdf,374KB)

FERC Market Oversight - ERCOT

FERC Market Oversight of ERCOT: 2011

"ERCOT Nodal Protocols: Adjustment Period and Real-Time Operations" (html), ERCOT, Latest Revision 11/01/2011.

"ERCOT Nodal Protocols: Ancillary Services" (html), ERCOT, Latest Revision 09/01/2011,

"ERCOT Nodal Protocols: Day-Ahead Operations" html), ERCOT, Latest Revision 10/26/2011.

ISO-NE: ISO New England Homepage

ISO-NE Glossary and Acronyms

FERC Market Oversight - New England

ISO-NE Market Rule 1, Appendix E (html), Business Practice Manual. Section 3, 7 /13/ 2011.

ISO-NE Market Rule 1 Sections 13-14 (html), Business Practice Manual, 7/13/2011.

ISO New England Operating Procedure No. 8, "Operating Reserve and Regulation" (pdf,238KB), Effective Date: January 7, 2011, Revision No. 7

ISO-NE, "Manual for Forward Reserve" (Doc,152KB), Manual M-36, Revision: 13, Effective Date: June 1, 2011, Prepared by ISO New England Inc.

ISO-NE, "Designing a Real-Time Energy and Reserves Pilot Program for Alternative Resources," (ppt), ISO New England Demand Resources Working Group, February 22, 2011.

Peter Cramton, Hung-po Chao, and Robert Wilson, "Review of the Proposed Reserve Markets in New England" (pdf,198KB), Report, 18 January 2005.

Izudin Lelic, "Locational Marginal Pricing," Principal Analyst, Business & Technology Solutions, ISO NE. (pdf,7.2MB) . NOTE: Covers co-optimization of energy and reserves in the real-time market.

The New England Independent System Operator (ISO-NE) maintains ISO-NE Dynamic LMP Contour Maps for both day-ahead and real-time LMPs, refreshed every five minutes. Note: Viewing the contour maps at this site requires a Java-enabled browser.

MISO Homepage

MISO Corporate Fact Sheet

MISO Certified Market Participant List

FERC Market Oversight - MISO

MISO Markets and Operations

MISO OASIS - Posted Information

"MISO Business Practices Manual: Energy and Reserve Operating Markets" (html), BPM-002 Revision 10: Energy and Operating Reserve Markets. 06/29/2011

Xingwang Ma, Yonghong Chen, and Jie Wan , "Midwest ISO Co-Optimization Based Real-Time Dispatch and Pricing of Energy and Ancillary Services," (pdf,1.2MB), Proceedings, IEEE Power and Energy Society General Meeting, 2009 (electronic).

Xingwang Ma, Haili Song, Mingguo Hong, Jie Wan, Yonghong Chen, Eugene Zak , "The Security-Constrained Commitment and Dispatch for Midwest ISO Day-Ahead Co-Optimized Energy and Ancillary Service Market" (pdf,1.3MB), Proceedings, IEEE Power and Energy Society General Meeting, 2009 (electronic).

MISO Dynamic Real-Time Market Contour Map updated every five minutes.

NYISO: New York ISO Homepage

NYISO: Glossary of Terms

FERC Market Oversight - NYISO

"NYISO Manual 2: Ancillary Services Manual" (html), Version 3.20, NYISO Auxiliary Market Operations, Latest Revision 5/16/2011

"NYISO Manual 14: Accounting and Billing Manual" (html), Version 2.1, NYISO Customer Settlements, Latest Revision 05/23/2011.

The New York Independent System Operator (NYISO) maintains NYISO LMP Contour Maps for both day-ahead and real-time LMPs, refreshed every two minutes. Note: Viewing the contour maps at this site requires a Java-enabled browser.

PJM Homepage

PJM: Glossary of Terms

FERC Market Oversight - PJM

PJM Manuals

PJM Users Guide

"PJM Manual 11: Energy & Ancillary Services Market Operations" (html), Version 48, PJM Forward Market Operations, Effective Date: 10/20/2011.

"PJM Manual 28: Operating Agreement Accounting" (html), Version 49, PJM Strategic Market Services Department, Effective Date: 09/15/2011.

"PJM Reserves Scheduling, Reporting, and Loading" (online), PJM State & Member Training Department Operations, 101, 2011.

SPP: Southwest Power Pool Homepage

SPP Glossary of Terms (pdf,129KB)

FERC Market Oversight - SPP

"SPP: Market Protocols for SPP Integrated Marketplace" (pdf,8.2MB), Southwest Power Pool, Revision 2.0, July 12, 2011.

"SPP Energy Imbalance System Market Training: Markets 101 (Old LIP System)" (pdf,1.96MB), February 26, 2010.

Gay Anthony, "Introduction to the Integrated Marketplace" (pdf,1.7MB), SPP Informational Session, 2011.

Project-Related Publications and Working Papers

Hongyan Li and Leigh Tesfatsion, "Co-Learning Patterns as Weakly Emergent Phenomena in Wholesale Electric Power Markets" (pdf,1.4MB), Journal of Economic Behavior and Organization, 2012, to appear.

Nanpeng Yu, Leigh Tesfatsion, and Chen-Ching Liu, "Financial Bilateral Contract Negotiation in Wholesale Power Markets using Nash Bargaining Theory" (WP pdf, 772KB), IEEE Transactions on Power Systems, Vol. 27, Issue 1, February 2012, 251-267.

Qun Zhou, Leigh Tesfatsion, and Chen-Ching Liu, "Short-Term Congestion Forecasting in Wholesale Power Markets" (WP pdf, 295KB), IEEE Transactions on Power Systems, Vol. 26, Issue 4, November 2011, 2185-2196.

Hongyan Li and Leigh Tesfatsion, "ISO Net Surplus Collection and Allocation in Wholesale Power Markets Under Locational Marginal Pricing" [(WP Preprint,pdf,822KB), (PPT slides,1.6MB)], IEEE Transactions on Power Systems, Vol. 26, Issue 2, 2011, 627-641. (DOI Location).

Hongyan Li, Junjie Sun, and Leigh Tesfatsion, "Testing Institutional Arrangements via Agent-Based Modeling: A U.S. Electricity Market Application" (WP pdf, 2.2MB), pp. 135-158 in H. Dawid and W. Semmler (Eds.), Computational Methods in Economic Dynamics, Dynamic Modeling and Econometrics in Economics and Finance 13, Springer, 2011.

Dionysios Aliprantis, Scott Penick, Leigh Tesfatsion, and Huan Zhao, "Integrated Retail and Wholesale Power System Operation with Smart-Grid Funcionality" (pdf,518KB), Proceedings of the IEEE Power and Energy Society General Meeting, Minneapolis, MN, July 2010.

Hongyan Li and Leigh Tesfatsion, "Development of Open Source Software for Power Market Research: The AMES Test Bed" (pdf preprint,601KB), Journal of Energy Markets, Vol. 2, No. 2, Summer 2009, 111-128.

Leigh Tesfatsion, "Auction Basics for Wholesale Power Markets: Objectives and Pricing Rules" (pdf,504KB), Proceedings of the IEEE Power and Energy Society General Meeting, Calgary, Alberta, CA, July 26-30, 2009.

Hongyan Li and Leigh Tesfatsion, "The AMES Wholesale Power Market Test Bed: A Computational Laboratory for Research, Teaching, and Training" (pdf,930KB), Proceedings of the IEEE Power and Energy Society General Meeting, Calgary, Alberta, CA, July 26-30, 2009.

Hongyan Li, Junjie Sun, and Leigh Tesfatsion, "Separation and Volatility of Locational Marginal Prices in Restructured Wholesale Power Markets" (pdf,2.3MB), ISU Economics Working Paper #09009, June 2009.

Haifeng Liu, Leigh Tesfatsion, and A. A. Chowdhury, "Derivation of Locational Marginal Prices for Restructured Wholesale Power Markets", Journal of Energy Markets, Vol. 2, No. 1, Spring 2009, 3-27.

Note: An abridged version of this paper was presented at the IEEE Power and Energy Society General Meeting, Calgary, CA, July 26-30, 2009.

Qun Zhou, Leigh Tesfatsion, and Chen-Ching Liu, "Scenario Generation for Price Forecasting in Restructured Wholesale Power Markets" (pdf,176KB), Proceedings of the IEEE Power Systems & Exposition Conference, Seattle, WA, March 15-18, 2009.

Hongyan Li and Leigh Tesfatsion, "Capacity Withholding in Restructured Wholesale Power Markets: An Agent-Based Test Bed Study" (pdf,2.3MB), Proceedings of th IEEE Power Systems & Exposition Conference, Seattle, WA, March 15-18, 2009.

Abhishek Somani and Leigh Tesfatsion, "An Agent-Based Test Bed Study of Wholesale Power Market Performance Measures" (pdf,2.8MB), IEEE Computational Intelligence Magazine, Vol. 3, No. 4, November 2008, 56-72.

Hongyan Li, Junjie Sun, and Leigh Tesfatsion, "Dynamic LMP Response Under Alternative Price-Cap and Price-Sensitive Demand Scenarios" (pdf,465KB), Proceedings of the IEEE Power and Energy Society General Meeting, Carnegie-Mellon University, Pittsburgh, July 20-24, 2008.

Nanpeng Yu, Chen-Ching Liu, and Leigh Tesfatsion, "Modeling of Suppliers’ Learning Behaviors in an Electricity Market Environment" (pdf,277KB), International Journal of Engineering Intelligent Systems, vol. 15, no. 2, 2007, 115-121.

Junjie Sun and Leigh Tesfatsion, "Dynamic Testing of Wholesale Power Market Designs: An Open-Source Agent-Based Framework", Computational Economics, Volume 30, Number 3, 2007, pp. 291-327. This article is an abridged version of ISU Economics Working Paper No. 06025 (pdf,2.2MB).

Junjie Sun and Leigh Tesfatsion, "An Agent-Based Computational Laboratory for Wholesale Power Market Design" (pdf,724KB), Proceedings of the IEEE Power and Energy Society General Meeting, Tampa, Florida, June 2007.

Junjie Sun and Leigh Tesfatsion, "Open-Source Software for Power Industry Research, Teaching, and Training: A DC-OPF Illustration" (pdf,115KB), Proceedings of the IEEE Power and Energy Society General Meeting, Tampa, Florida, June 2007.

Junjie Sun and Leigh Tesfatsion, "DC Optimal Power Flow Formulation and Testing Using QuadProgJ" (pdf,526KB), ISU Economics Working Paper No. 06014, Department of Economics, Iowa State University, Revised July 2007.

Steven Widergren, Junjie Sun, and Leigh Tesfatsion, "Market Design Test Environments" (pdf preprint,136KB), Proceedings of the IEEE Power and Energy Society General Meeting, Montreal, June 2006.

Open Source Software Releases

AMES Wholesale Power Market Test Bed (Java): A Free Open Source Computational Laboratory for the Agent-Based Modeling of Electricity Systems

The AMES Wholesale Power Market Test Bed, developed entirely in Java by Hongyan Li, Junjie Sun, and Leigh Tesfatsion, is an extensible and modular agent-based computational laboratory for studying the dynamic efficiency and reliability of wholesale power markets restructured in accordance with guidelines issued by the U.S. Federal Energy Regulatory Commission. AMES models strategically-learning traders interacting over time in an ISO-managed wholesale power market operating over a transmission grid subject to congestion effects. Congestion on the grid is managed by means of locational marginal prices derived from optimal power flow solutions.

AMES is a free open source tool suitable for research, teaching, and training applications. It is designed for the intensive experimental study of small to medium-sized systems. A graphical user interface permits the creation, modification, analysis and storage of scenarios, parameter initialization and editing, specification of behavioral rules (e.g. learning methods) for market participants, and output reports through table and chart displays. AMES is an acronym for Agent-based Modeling of Electricity Systems.

DCOPFJ (Java): A Free Open Source Solver for DC Optimal Power Flow Problems

The DCOPFJ Package, developed entirely in Java by Junjie Sun and Leigh Tesfatsion, is a free open source stand-alone solver for small to medium-sized DC optimal power flow problems having a strictly convex quadratic programming (SCQP) formulation.

The DCOPFJ package incorporates an SCQP solver (QuadProgJ) wrapped in an outer SI-to-PU data processing shell. QuadProgJ implements the well-known dual active-set SCQP algorithm developed by Goldfarb and Idnani (1983). QuadProgJ has been shown to match or exceed the accuracy of the proprietary C-language QP solver BPMPD (highly recommended by MATPOWER) when tested on a public repository of small to medium-sized SCQP problems.

The DCOPFJ package has been successfully run on DC-OPF test cases commonly used for training purposes.

Recent Project-Related Presentations to External Groups (Ordered by Date of Presentation)

Chengrui Cai, Pedram Jahangiri, Auswin Thomas, Huan Zhao, Dionysios Aliprantis, Leigh Tesfatsion, "Agent-Based Simulation of Distribution Systems with High Penetration of Photovoltaic Generation", IEEE Power and Energy Society General Meeting, Detroit, MI, July 24-30, 2011.

Huan Zhao, Auswin Thomas, Pedram Jahangiri, Chengrui Cai, Leigh Tesfatsion, Dionysios Aliprantis, "Two-Settlement Electric Power Markets with Dynamic-Price Customers", IEEE Power and Energy Society General Meeting, Detroit, MI, July 24-30, 2011

Abhishek Somani, Huan Zhao, Leigh Tesfatsion, and Nivad Navid, "Wind Power Trading by Firms with Mixed Generation Portfolios", invited talk for the 17th International Conference on Computing in Economics and Finance (CEF'11), San Francisco, June 29-July 1, 2011.

Leigh Tesfatsion, "Integrated Retail and Wholesale Power System Operations with Smart-Grid Functionality", NSF Workshop: Engineering and Social Response to the Energy-Climate Nexus, Arlington, VA, June 23-24, 2011.

Leigh Tesfatsion, "ISO Net Surplus Collection and Allocation in Restructured North American Wholesale Power Markets", ASSA/American Economic Association Meetings, January 7-9, Denver, CO, 2011.

Dionysios Aliprantis and Leigh Tesfatsion, "Project Overview: Integrated Retail/Wholesale Power System Operation with Smart-Grid Functionality", MidAmerican Energy, Des Moines, IA, Tuesday, August 10, 2010.

Leigh Tesfatsion, "Agent-Based Modeling of Electric Power Markets", DARPA/ISAT Workshop on Societal Resilience, MIT RLE Conference Center, Cambridge, MA, July 12-13, 2010

Leigh Tesfatsion, "An Agent-Based Testbed for the Integrated Study of Retail and Wholesale Power System Operations", Agent Technologies for Energy Systems (ATES) Workshop, Ninth International Conference on Autonomous Agents and Multiagent Systems, Toronto, Canada, May 2010.

Leigh Tesfatsion, "Agent-Based Modeling of Electric Power Markets" DARPA/ISAT Workshop on Societal Resilience, MIT RLE Conference Center, Cambridge, MA, July 12-13, 2010.

Leigh Tesfatsion, "An Agent-Based Testbed for the Integrated Study of Retail and Wholesale Power System Operations" Agent Technologies for Energy Systems (ATES) Workshop, Ninth International Conference on Autonomous Agents and Multiagent Systems, Toronto, Canada, May 2010.

Leigh Tesfatsion, "Auction Basics for Wholesale Power Markets: Objectives and Pricing Rules", IEEE Power and Energy Society General Meeting, Calgary, CA, July 26-30, 2009.

Hongyan Li and Leigh Tesfatsion, "The AMES Wholesale Power Market Test Bed: A Computational Laboratory for Research, Teaching, and Training", IEEE Power and Energy Society General Meeting, Calgary, CA, July 26-30, 2009.

Leigh Tesfatsion, "Development of Open Source Software for Power Market Research: An Illustrative Case Study", IEEE Power and Energy Society General Meeting, Calgary, CA, July 26-30, 2009.

Leigh Tesfatsion, "From Human-Subject Experiments to Computational Agent Experiments (and Everything In Between): An Illustrative Integrated Test Bed for Electricity Markets, Plenary Address, Economic Science Association Meeting, Arlington, VA, June 27, 2009.

Leigh Tesfatsion, "Stress Testing Institutional Arrangements via Agent-Based Modeling: Illustrative Results for U.S. Power Markets", ICES/Department of Economics, George Mason University, Fairfax, VA, April 3, 2009.

Leigh Tesfatsion "Dynamic LMP Response Under Alternative Price-Cap and Price-Sensitive Demand Scenarios", IEEE Power and Energy Society General Meeting, David L. Lawrence Convention Center, Pittsburgh, PA, July 21-24, 2008.

Hongyan Li, Junjie Sun, and Leigh Tesfatsion, "Dynamic Price Response Under Alternative Price-Cap and Price-Sensitive Demand Scenarios", Summer North American Meetings of the Econometric Society, Carnegie Mellon University, Pittsburgh, PA, June, 2008.

Hongyan Li, Junjie Sun, and Leigh Tesfatsion "Dynamic LMP Response Under Alternative Price-Cap and Price-Sensitive Demand Scenarios", International Industrial Organization Conference (IIOC), Washington, D.C., May 16-18, 2008.

Leigh Tesfatsion, "Agent-Based Test Beds for Critical Infrastructure Research, Teaching, and Training", Department of Energy - National Renewable Energy Laboratory (DOE-NREL), Washington, D.C., February 22, 2008.

Lynne Kiesling and Leigh Tesfatsion, "A Test Bed for the Integrated Experimental Study of Retail and Wholesale Power Market Designs: Seaming GridLab-D with AMES", Tele-Seminar and Webcast, sponsored by the Pacific Northwest National Laboratory (PNNL), February 15, 2008.

Leigh Tesfatsion, "Agent-Based Test Beds for Power Industry Research, Teaching, and Training", Tele-Seminar and Webcast, sponsored by the Power Systems Energy Research Center (PSERC), Cornell University, February 5, 2008.

Leigh Tesfatsion, "Agent-Based Test Beds for Critical Infrastructure Research, Teaching, and Training", Plenary Address, AGENT 2007, Northwestern University, November 17, 2007.

Leigh Tesfatsion, "Open-Source Software for Power Industry Research, Teaching, and Training: A DC-OPF Illustration", IEEE Power Engineering Society General Meeting, Tampa, Florida, June 25-28, 2007.

Leigh Tesfatsion, "An Agent-Based Computational Laboratory for Wholesale Power Market Design", IEEE Power Engineering Society General Meeting, Tampa, Florida, June 25-28, 2007.

Junjie Sun and Leigh Tesfatsion, "Dynamic Testing of Wholesale Power Market Designs: An Agent-Based Computational Approach", North American Meetings of the Econometric Society, Duke University, Durham, NC, June 21-24, 2007.

Junjie Sun and Leigh Tesfatsion, "Dynamic Testing of Wholesale Power Market Designs: An Agent-Based Computational Approach", 13th International Conference on Computing in Economics and Finance, Society for Computational Economics, Montreal, Canada, June 14-16, 2007.

Leigh Tesfatsion, "Agent-Based Computational Economics: A Constructive Approach to Economic Theory" Allied Social Science Associations (ASSA) Annual Meeting, Chicago, IL, January 5-7, 2007.

Junjie Sun and Leigh Tesfatsion, "Agent-Based Test Beds for Market Design", Allied Social Science Association (ASSA) Annual Meeting, Chicago, IL, January 5-7, 2007.

Miscellaneous

"Collaborative `Spark' Proves Productive for ISU Economists and Electrical Engineers" (html).

Abstract: This media report provides a brief description of the project titled Integrated Retail and Wholesale Power System Operations with Smart-Grid Functionality, an umbrella project that encompasses the Ancillary Services Market Design Project reported at the current site. It appeared in the Economic Newsletter, Department of Economics, Iowa State University, October 13, 2011, and Around LAS, LAS Newsletter, College of Liberal Arts and Sciences, Iowa State university, October 17, 2011.

Steven Jones, "Power Switch: Software Looks to be Better Test of Wholesale Power Markets", Around LAS, Iowa State University, October 15, 2007.

Abstract: This media report provides a brief overview of the AMES Market Testbed developed by the ISU research team Hongyan Li, Junjie Sun, and Leigh Tesfatsion.