IntroductionElectricity Market Complex Adaptive System (EMCAS) Software `& r7 B0 Z& x7 I. @# h1 ^' Z
Introduction ! Q" j) M6 @8 j- d# g4 l# xArgonne National Laboratory developed the Electricity , P& P. b0 `+ t/ @; `Market Complex Adaptive System (EMCAS) software to $ Z' m1 f; ^- `7 ], u lmeet the growing need for advanced modeling approaches 4 H% { V1 V3 P1 p/ Dthat simulate how electricity markets may evolve over time6 i1 {. N, C: {
and how participants in these markets may react to the - @) ]" P7 l" g9 u3 Z! t R Pchanging physical, economic, financial, and regulatory & y9 n& |* h# w4 {3 q! |1 Lenvironments in which they operate.# l; b' H6 G# ?# e* {