IntroductionElectricity Market Complex Adaptive System (EMCAS) Software5 K! q* p; h1 f& u
Introduction % x: C- H. N# b( F3 lArgonne National Laboratory developed the Electricity+ u3 ~2 M9 n! ^! W t3 x
Market Complex Adaptive System (EMCAS) software to $ H. e L/ Q" Fmeet the growing need for advanced modeling approaches2 @* v* R6 h3 I/ o
that simulate how electricity markets may evolve over time% c F6 A+ P$ T3 w$ P6 R# U
and how participants in these markets may react to the& h" v: e7 |7 L, _/ m
changing physical, economic, financial, and regulatory ( D4 w3 P# K8 n" @" ?environments in which they operate.8 O- h1 Y3 i/ V
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