A Smart Grid Simulation Framework for Electricity Trading

In this paper we present our evolving work on developing an interactive simulation-framework for electricity trading in Smart Grids. This simulation framework is designed to enable real-time pricing, demand-side management, and distributed generation. A modular simulation architecture is proposed to address communication challenges and to allow efficient management. The simulator framework adopts a segregation of concerns design approach to allow for effective sand boxing and localization of concerns at the appropriate levels while allowing for structured information flows between the various simulator levels. For example, the control unit on the customer-level accounts for different preferences and behavioral patterns of consumers.