DSOs as market facilitators

A multi-agent system for distribution grid congestion management with electric vehicles

“…The algorithm presumes that an auctioneer agent announces the market clearing price p and that the control agents will submit their demand γα based on the price; subsequently, the auctioneer agent updates the price until the equilibrium value is found. The market-based approach has been supported to be used in the power distribution system, such as in the discussion in joint research center European Forum 3 or in the research literature (Nordentoft, 2013;Schlosser, 2010;Lorenz et al, 2009).…”