EPRC MISO Energy Project

MISO Market Performance:
An Open-Source Computational Test-Bed

Last Updated: 28 March 2015

Site maintained by:
Leigh Tesfatsion
Professor of Economics, Mathematics,
   & Electrical and Computer Engineering
Economics Department/Heady 375
Iowa State University
Ames, Iowa 50011-1070
tesfatsi AT iastate.edu

NSF Energy Project
EPRC Forecasting Project
Transmission Lines Picture

Table of Contents:

Regular Meeting Time/Place for MISO Energy Project:

Regular Weekly Summer 2009 Meeting: F 3-5pm, Heady 568B

General Project Information

MISO Energy Group Mailing List (includes all active participants listed below):

MISOenergygroup AT iastate.edu

Funded Project Participants:

Other Project Participants:

Project Support

Project Reports

Project Research Publications and Working Papers

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 (Java), developed by Hongyan Li (ISU), Junjie Sun (OCC, U.S. Treasury), and Leigh Tesfatsion (ISU), is an extensible and modular agent-based computational laboratory for the systematic experimental study of restructured wholesale power markets. AMES models strategic traders with learning capabilities interacting within an ISO-managed wholesale power market operating over an AC transmission grid subject to congestion effects. Congestion on the grid is managed by means of locational marginal prices derived from bid/offer-based optimal power flow solutions. AMES is a free open-source tool suitable for research, teaching, and training applications. 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 (Java), developed by Junjie Sun (OCC, U.S. Treasury) and Leigh Tesfatsion (ISU), 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.

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

Background Readings

Key Online MISO Data Resources

Other MISO Online Resource Materials

Other Project-Related Websites and Readings

Project-Related Computational Frameworks