Multi-Agent Systems for Resource Allocation and Scheduling in a Smart Grid

With the increasing integration of Distributed Energy Resources (DER) in the power grid, a decentralized approach becomes essential for scheduling and allocation of resources in a smart grid. Economic Dispatch (ED) and Unit Commitment (UC) are the two major resource allocation problems that play cri...

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Bibliographic Details
Published in:Technology and economics of smart grids and sustainable energy 2018-12, Vol.3 (1), p.1, Article 15
Main Authors: Nair, Arun Sukumaran, Hossen, Tareq, Campion, Mitch, Selvaraj, Daisy Flora, Goveas, Neena, Kaabouch, Naima, Ranganathan, Prakash
Format: Article
Language:English
Subjects:
Alternative energy sources
Communications systems
Decision making
Distributed generation
Economic models
Economics
Economics and Management
Electric vehicles
Electrical Machines and Networks
Energy
Energy Policy
Energy resources
Energy Systems
Literature reviews
Multiagent systems
Power dispatch
Power Electronics
Power flow
Renewable energy sources
Renewable resources
Resource allocation
Resource scheduling
Review Paper
Smart grid
Unit commitment
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Summary:With the increasing integration of Distributed Energy Resources (DER) in the power grid, a decentralized approach becomes essential for scheduling and allocation of resources in a smart grid. Economic Dispatch (ED) and Unit Commitment (UC) are the two major resource allocation problems that play critical role in the safe and stable operation of a grid system. The uncertainty associated with renewable energy sources have made the resource allocation problems even more challenging for grid operators. The future grid will have a higher generation mix of renewable energy sources and a large load of Electrical vehicles, with the possibility of bi-directional power flow. This complex smart grid system necessitates the development of a decentralized approach to resource allocation problem, which allows inter-node communication and decision making. Multi-agent systems (MAS) is a promising platform to decentralize the traditional centralized resource allocation aspects of smart grid. This paper presents a comprehensive literature review on the application of MAS to Economic Dispatch (ED) and Unit Commitment (UC) in smart grids.
ISSN:2199-4706
2199-4706
DOI:10.1007/s40866-018-0052-y