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
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;
Conference_Titel :
Systems, Man and Cybernetics, 2009. SMC 2009. IEEE International Conference on
Conference_Location :
San Antonio, TX
Print_ISBN :
978-1-4244-2793-2
Electronic_ISBN :
1062-922X
DOI :
10.1109/ICSMC.2009.5346645