Peer-to-Peer Energy Trading of Solar and Energy Storage: A Networked Multiagent Reinforcement Learning Approach

Fuente: arXiv
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Autori principali: Feng, Chen, Liu, Andrew L.
Natura: Preprint
Pubblicazione: 2024
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author Feng, Chen
Liu, Andrew L.
author_facet Feng, Chen
Liu, Andrew L.
contents Utilizing distributed renewable and energy storage resources in local distribution networks via peer-to-peer (P2P) energy trading has long been touted as a solution to improve energy systems' resilience and sustainability. Consumers and prosumers (those who have energy generation resources), however, do not have the expertise to engage in repeated P2P trading, and the zero-marginal costs of renewables present challenges in determining fair market prices. To address these issues, we propose multi-agent reinforcement learning (MARL) frameworks to help automate consumers' bidding and management of their solar PV and energy storage resources, under a specific P2P clearing mechanism that utilizes the so-called supply-demand ratio. In addition, we show how the MARL frameworks can integrate physical network constraints to realize voltage control, hence ensuring physical feasibility of the P2P energy trading and paving way for real-world implementations.
format Preprint
id arxiv_https___arxiv_org_abs_2401_13947
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Peer-to-Peer Energy Trading of Solar and Energy Storage: A Networked Multiagent Reinforcement Learning Approach
Feng, Chen
Liu, Andrew L.
Systems and Control
Machine Learning
Multiagent Systems
Utilizing distributed renewable and energy storage resources in local distribution networks via peer-to-peer (P2P) energy trading has long been touted as a solution to improve energy systems' resilience and sustainability. Consumers and prosumers (those who have energy generation resources), however, do not have the expertise to engage in repeated P2P trading, and the zero-marginal costs of renewables present challenges in determining fair market prices. To address these issues, we propose multi-agent reinforcement learning (MARL) frameworks to help automate consumers' bidding and management of their solar PV and energy storage resources, under a specific P2P clearing mechanism that utilizes the so-called supply-demand ratio. In addition, we show how the MARL frameworks can integrate physical network constraints to realize voltage control, hence ensuring physical feasibility of the P2P energy trading and paving way for real-world implementations.
title Peer-to-Peer Energy Trading of Solar and Energy Storage: A Networked Multiagent Reinforcement Learning Approach
topic Systems and Control
Machine Learning
Multiagent Systems
url https://arxiv.org/abs/2401.13947