See the published version of this preprint at The International Journal of Advanced Manufacturing Technology.
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Research Article
Viacheslav Voronin
Moskovskij gosudarstvennyj tehnologiceskij universitet STANKIN
Corresponding Author
ORCiD: https://orcid.org/0000-0001-8114-6383
License:
This work is licensed under a CC BY 4.0 License. Read Full License
Features of the electric power market functioning, in comparison with common proper- ties of modern markets, are considered. It is shown that continuous reforms, which take place in many countries, are far from reaching effective solution. Sectoral peculiarities, connected with both technological complexity of the field and economic specificity of the market participants, form very special model of the market. The main way to increase effectivity of the market, to make it more competitive and, in the same time, socially responsible, is to use widely and deeply the modern information technologies, including technologies of artificial intelligence. A scheme of using the modern technologies has been proposed in the article. The first set of technologies merges methods of collection, storage, processing and presentation of information. The collection of market data can be realized. Particularly, by so-called “intellectual avatars”, which operate in the market as virtual agents. A reliable distributed storage of data, based on blockchain technology, is chosen. The big data technologies of data structuring, storage and processing are involved. Datamining methods include effective presentation of results in forms of graphs and diagrams. The second set of technologies includes core mathematical mod- els and “digital twins”. They are aimed for data interpolation and extrapolation; in particular, for prediction of further system dynamics. The used neural networks have option of self-learning and self-development. At last, the third set is a set of user interfaces, which provides market actors by complete and adopted information and is organized in accordance with ideas of ergonomics.
Keywords
Electric power market, ICT, technologies of artificial intelligence, economic competition.
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View the published article at The International Journal of Advanced Manufacturing Technology.
Version 1
Posted 12 Feb, 2021
No community comments so far
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Received 07 Feb, 2021
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First submitted
On 15 Jan, 2021
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A new preprint design is coming!
We have improved readability, clarity, accessibility, and opportunities for engagement.
See the published version of this preprint at The International Journal of Advanced Manufacturing Technology.
This is a preprint, a preliminary version of a manuscript that has not completed peer review at a journal. Research Square does not conduct peer review prior to posting preprints. The posting of a preprint on this server should not be interpreted as an endorsement of its validity or suitability for dissemination as established information or for guiding clinical practice.
Learn more about In Review
Research Article
Viacheslav Voronin
Moskovskij gosudarstvennyj tehnologiceskij universitet STANKIN
Corresponding Author
ORCiD: https://orcid.org/0000-0001-8114-6383
Badges
Prescreen
This manuscript passed our Prescreen assessment
Complete author information
Appropriate declaration statements
Potential risks to human health
Prescreen
Peer Review Timeline
CURRENT STATUS: Published
View the published article at The International Journal of Advanced Manufacturing Technology.
Version 1
Posted 12 Feb, 2021
No community comments so far
Reviews received
Received 07 Feb, 2021
Reviewers invited
Invitations sent on 04 Feb, 2021
First submitted
On 15 Jan, 2021
Metrics
Comments: 0
PDF Downloads: ...
HTML Views: ...
License:
This work is licensed under a CC BY 4.0 License. Read Full License
View the published article at The International Journal of Advanced Manufacturing Technology.
Features of the electric power market functioning, in comparison with common proper- ties of modern markets, are considered. It is shown that continuous reforms, which take place in many countries, are far from reaching effective solution. Sectoral peculiarities, connected with both technological complexity of the field and economic specificity of the market participants, form very special model of the market. The main way to increase effectivity of the market, to make it more competitive and, in the same time, socially responsible, is to use widely and deeply the modern information technologies, including technologies of artificial intelligence. A scheme of using the modern technologies has been proposed in the article. The first set of technologies merges methods of collection, storage, processing and presentation of information. The collection of market data can be realized. Particularly, by so-called “intellectual avatars”, which operate in the market as virtual agents. A reliable distributed storage of data, based on blockchain technology, is chosen. The big data technologies of data structuring, storage and processing are involved. Datamining methods include effective presentation of results in forms of graphs and diagrams. The second set of technologies includes core mathematical mod- els and “digital twins”. They are aimed for data interpolation and extrapolation; in particular, for prediction of further system dynamics. The used neural networks have option of self-learning and self-development. At last, the third set is a set of user interfaces, which provides market actors by complete and adopted information and is organized in accordance with ideas of ergonomics.
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