Digital Business. First Iternational ICST Conference, DigiBiz 2009, London, UK, June 17-19, 2009, Revised Selected Papers

Research Article

Reservation Schemes for Grid Markets

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  • @INPROCEEDINGS{10.1007/978-3-642-11532-5_1,
        author={Marcel Risch},
        title={Reservation Schemes for Grid Markets},
        proceedings={Digital Business. First Iternational ICST Conference, DigiBiz 2009, London, UK, June 17-19, 2009, Revised Selected Papers},
        proceedings_a={DIGIBIZ},
        year={2012},
        month={5},
        keywords={Grid Markets Reservations},
        doi={10.1007/978-3-642-11532-5_1}
    }
    
  • Marcel Risch
    Year: 2012
    Reservation Schemes for Grid Markets
    DIGIBIZ
    Springer
    DOI: 10.1007/978-3-642-11532-5_1
Marcel Risch1,*
  • 1: International University in Germany
*Contact email: Marcel.Risch@i-u.de

Abstract

Grid markets today have very limited capabilities with regards to reservations. However, it is vital that customers are given the ability to purchase resources far in advance of the actual usage which necessitates the existence of a sold reservation model. While this is not an issue of great importance in today’s Grid markets, reservation schemes must be developed to enable a sustainable operation of Grid markets. This paper explores a number of different reservation models that are in use today and evaluates their usefulness both from the point of view of resource sellers as well as from the point of view of resource buyers. It then goes on to propose a new reservation scheme for grid markets.