2017
DOI: 10.1007/978-3-319-62410-5_10
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A multi-agent system for energy trading between prosumers

Abstract: Local energy communities are identified as a promising approach to efficiently integrate distributed generation whereas keeping costs down for prosumers. In this context, we propose a multi-agent system to collectively optimise the energy flows of a local community of prosumers. The novelty and strength of our approach resides in the use of decentralised decision making algorithms, based on the alternating direction method of multipliers, to orchestrate the demand and supply of a large number of homes. Our pre… Show more

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Cited by 12 publications
(10 citation statements)
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“…DRIvE and Mas2tering projects develop a decentralised solution based on multi-agent systems to manage residential and tertiary flexibility [4]. Each stakeholder (prosumers, aggregator, etc.)…”
Section: Multi-agent System Optimization For Local Energy Communitiesmentioning
confidence: 99%
“…DRIvE and Mas2tering projects develop a decentralised solution based on multi-agent systems to manage residential and tertiary flexibility [4]. Each stakeholder (prosumers, aggregator, etc.)…”
Section: Multi-agent System Optimization For Local Energy Communitiesmentioning
confidence: 99%
“…In more detail, ADMM can be viewed as a version of the method of multipliers in which separable min-imization steps over different primal variables are performed in successive alternating steps, instead of the usual joint minimization. ADMM-based methods have been applied to solve the augmented Lagrangian decompositions of a wide variety of large-scale power system optimization problems [13,14,15,16,17,18,19,20,21,22,23], including the SCOPF problem [24,25,26], in a fully distributed manner. However, none of the above-cited works takes into account the automatic primary frequency control (PFC) of generators.…”
Section: Introductionmentioning
confidence: 99%
“…Limited research has been conducted on developing a scalable real-time framework for coordinating scheduling, sharing, and matching tasks engaged with a non-cooperative negotiation approach respecting negotiators' private information [54][55][56][57][58][59][60][61][62][63][64][65][66].…”
Section: Negotiation Approachesmentioning
confidence: 99%
“…A similar work is also studied in [65]. Recently, the authors in [66] propose a multi-agent system to collectively optimize the energy flows of a neighborhood of prosumers with private objective functions, which bilaterally negotiate with an aggregator only to reduce their purchasing cost.…”
Section: Negotiation Approachesmentioning
confidence: 99%
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