DOI: 10.14201/gredos.141060
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Multi-agent architecture for local electricity trading in power distribution systems

Abstract: Over the last decade, electricity markets have created competitive environments for complex power systems. The fast growth of distributed energy resources has made it challenging to maintain the reliability and stability of the system. However, conventional energy management strategies are not capable of resolving these concerns centrally due to the volatility of distributed energy resources. Moreover, centralized electricity markets are not complete enough to follow the flexible behavior of consumers due to d… Show more

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