Multi-agent systems and demand response: A systematic review

The mismatch between electricity supply and demand in power system and the management of it using response loads leads to the notion of Demand Response. In this paper, a comprehensive review of Multi-Agent System is carried out along with works in the space of demand response and power system operation. Factoring from different scopes, two aspects are thereafter highlighted - MAS-based DR in market systems and distribution network assets, respectively. Alongside, a comparison of popular tools used for demand response and impact analysis is also addressed since proper tools can be more beneficial and recognizable to effective implementation. The benefits of the various actors towards MAS technology in the transition towards Smart Grid are also highlighted. Finally, some unsolved questions and remaining challenges are explictly identified.