Three research papers has been accepted and will presented at WITS 2019.

The first paper "Battery with Market Power in Electricity Markets" written by Nastaran Naseri, Yashar Ghiassi-Farrokhfal, Wolfgang Ketter, John Collins assess the impact of energy storage systems (i.e., batteries) to the electricity markets. In brief, energy storage systems are considered a viable solution to hedge against the intermittency of supply. However, it is not yet clear that in fact energy storage systems and in particular batteries are helping market efficiency. In this study, the authors are investigating the role of batteries in the electricity markets from both perspectives of battery owner and market owner. 

The second paper "A Blockchain-based Distributed Mechanism for Resource Allocation" written by Philipp A. Kienscherf, Niklas Reinhold, Wolfgang Ketter presents an implementation of a distributed mechansim for resource allocation based on Blockchain technology. When introducing decentralized information systems, such as Blockchain, the potentially diverging goals of different actors in any organization or society have to be accounted for. The authors propose an implementation of an iterative auction procedure using Blockchain technology that aligns individual with global goals, using smart contracts to replace the auctioneer.

The last paper "Optimal management of free-floating vehicle sharing systems under competition" written by Karsten Schroer, Wolfgang Ketter, Thomas Y. Lee, Alok Gupta, Micha Kahlen analyses optimal free-float vehicle re-positioning under competition. To put it in a nutshell, free-floating vehicle sharing is emerging as a new means of transport in urban environments. By focusing on the problem of vehicle re-positioning we investigate how real-time competitor information can create value for operators in this context.

WITS 2019: http://witsconf.org