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Development of Open Source Software for Power Market Research: The AMES Test Bed

Hongyan Li and Leigh Tesfatsion ()

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: Open Source Software (OSS) expresses the idea that developers should be able to license the publication of their software in a manner permitting anyone to freely use, modify, and distribute the software. Today OSS is widely used in the software industry, such as for language development tools (e.g., NetBeans for Java), office document processors (e.g., OpenOffice), and operating systems (e.g., Linux, OpenSolaris).Yet OSS has been slow to penetrate the power industry; heavy reliance is still placed on closed-source commercial software packages. The OSS in use tends to be for specialized purposes (e.g., circuit design) rather than for the general-purpose analysis of power systems. This study discusses potential benefits and drawbacks of developing OSS for power market research, using the AMES Wholesale Power Market Test Bed for concrete illustration. AMES downloads, tutorials, and research publications can be accesssed at http://www2.econ.iastate.edu/tesfatsi/AMESMarketHome.htm

Keywords: Agent-based test bed; Wholesale electric power markets; open-source software; AMES software package (search for similar items in EconPapers)
JEL-codes: B4 C6 C7 D4 D6 L1 L2 L3 L94 Q4 (search for similar items in EconPapers)
Date: 2009-06-03
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Citations: View citations in EconPapers (27)

Published in Journal of Energy Markets, Summer 2009, vol. 2 no. 2, pp. 111-128

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Working Paper: Development of Open Source Software for Power Market Research: The AMES Test Bed (2009) Downloads
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