Energy Singularity: The Chaos Experiment - Kickoff
On July 16-18, 2020, a virtual live experiment took place to test the hypothesis of an agent-based bottom up energy market by simulating the conditions of a future smart grid. Intelligent trading bots with competing incentives designed by three teams, including experts from Inavitas energy intelligence platform, Greenlytics weather analytics solutions for the energy industry, and OLI Systems collaborating with Siemens and insmart.ai, faced off in an interconnected local energy market simulation enabled by Grid Singularity’s energy exchange platform. They predicted energy prices, placed bids and offers for energy and optimised placement of energy assets, reacting to changing market conditions such as flexible grid fees designed by a grid operator team including Stedin, Alliander, Enpuls, and E.ON. This experiment is part of the Odyssey Momentum Energy Singularity Challenge, led by Grid Singularity and Engie.
Kickoff speakers include Ewald Hesse of Grid Singularity, Etienne Gehain of Engie, Kerstin Eichmann of E.ON, Jan Pellis of Stedin, Rutger van Zuidam of Odyssey, and Colin Andrews of Grid Singularity.
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