DocumentCode
2577390
Title
Multi-agent coordination in market environment for future electricity infrastructure based on microgrids
Author
Duan, Rui ; Deconinck, Geert
Author_Institution
Dept. Electr. Eng. (ESAT), Katholieke Univ. Leuven, Leuven, Belgium
fYear
2009
fDate
11-14 Oct. 2009
Firstpage
3959
Lastpage
3964
Abstract
Although the financial crisis shrinks oil price, human as an entire race still face the future of a hot, flat and crowded world [1]. Therefore, a critical transformation from our traditional energy consumption manner of fossil fuel combustion must be made. After years of endeavor in research and experiment, a number of Renewable Energy Sources (RES) has already become technically available as alternatives. A pivotal task still needed to be carried out is adapting the existing electricity infrastructure, which is still a very efficient energy delivery facility, to incorporate emerging RES openly and equally. For the purpose of wide adoption of RES, which results in the evolution to next generation infrastructure for electricity, impellers should contain economic and political measures, rather than only technology. In this paper, we introduced the architecture of future electricity infrastructure based on microgrids for high RES penetration. Moreover, we brief the mechanisms of a prevailing electricity market, for economical incentives of RES accommodation. Most important of all, the multi-agent model of the proposed system and its coordination mechanism within the market environment is elaborated.
Keywords
costing; distributed power generation; multi-agent systems; power distribution economics; power engineering computing; power markets; RES; economical incentives; electricity infrastructure; electricity market; energy consumption; financial crisis; fossil fuel combustion; market environment; microgrids; multiagent coordination; oil price; renewable energy sources; Combustion; Energy consumption; Environmental economics; Face; Fossil fuels; Fuel economy; Humans; Petroleum; Power generation economics; Power system economics; demand response; electricity market; infrastructure; microgrid; multi-agent; renewable energy;
fLanguage
English
Publisher
ieee
Conference_Titel
Systems, Man and Cybernetics, 2009. SMC 2009. IEEE International Conference on
Conference_Location
San Antonio, TX
ISSN
1062-922X
Print_ISBN
978-1-4244-2793-2
Electronic_ISBN
1062-922X
Type
conf
DOI
10.1109/ICSMC.2009.5346645
Filename
5346645
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