Power TAC is a trading agents competition that models the high complexity of contemporary and future electricity markets. Autonomous intelligent trading agents, act as intermediary profit maximization parties between the market and 'customers', who represent consumers, producers and prosumers. Customer models represent households, small and large businesses, multi-residential buildings, wind parks, solar panel owners, electric vehicle owners, etc. Agents aim at making profit through offering electricity tariffs to customers and trading electricity in the wholesale market, while carefully balancing supply and demand.

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