2011
DOI: 10.1007/978-3-642-24455-1_17
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Hierarchically Structured Energy Markets as Novel Smart Grid Control Approach

Abstract: . The paper investigates the self-stabilization of hierarchically structured markets. We propose a new approach that is motivated by the physical structure of the energy grid and generalizes classical market structures in a natural way. Hierarchical markets have several advantages compared to monolithic markets, i.e., improved reliability and scalability, locality of information, and proximity of energy production and consumption. By simulating scenarios based on real world consumption and production data incl… Show more

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Cited by 3 publications
(4 citation statements)
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“…General-purpose holonic designs that integrate the above principles are proposed via holonic multi-agent system platforms [45,44]; multi-level modeling and simulation approaches [14]; and hierarchical problem solving [24]. Customised holonic designs are been applied to various domains, including hierarchical planning [33], traffic control [10], manufacturing [7,15] and smart grids [25,47,11]. The success of these applications motivate the adoption of similar holonic principles for designing deep learning systems for large-scale distributed environments.…”
Section: Positioning and Comparison With Related Workmentioning
confidence: 99%
“…General-purpose holonic designs that integrate the above principles are proposed via holonic multi-agent system platforms [45,44]; multi-level modeling and simulation approaches [14]; and hierarchical problem solving [24]. Customised holonic designs are been applied to various domains, including hierarchical planning [33], traffic control [10], manufacturing [7,15] and smart grids [25,47,11]. The success of these applications motivate the adoption of similar holonic principles for designing deep learning systems for large-scale distributed environments.…”
Section: Positioning and Comparison With Related Workmentioning
confidence: 99%
“…Concrete Examples: Several contributions have started embracing the holonic paradigm to design decentralised controllers for smart-grids e.g., [Negeri et al 2013;Ounnar et al 2013;Thomas and Devanathan 2011;Lässig et al 2011]. [Negeri et al 2013] propose a holonic control architecture focusing on a holon's internal modules and overlooking its integration at recursive levels.…”
Section: Contextmentioning
confidence: 99%
“…This is one (non-heterogeneous) design instance of a holonic smart grid and only considers electricity management. [Lässig et al 2011] propose a solution for price negotiations in the smart grid based on 'hierarchical' (holonic) markets. Each market contains a set of rules and agents, which can be organised internally as other markets, with their own rules and agents.…”
Section: Contextmentioning
confidence: 99%
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