Multi-agent systems in Peer-to-Peer energy trading: A comprehensive survey

Research output: Contribution to a Journal (Peer & Non Peer)Short surveypeer-review

34 Citations (Scopus)

Abstract

Energy networks around the world have experienced a significant increase in the amount of distributed generation. This decentralization of energy markets has led to a surge of interest in Peer-to-Peer energy trading between individuals. There are many challenges associated with Peer-to-Peer energy trading, e.g. behaviour modelling, decision making and optimization. Multi-agent systems is a prominent subfield of Artificial Intelligence research that is very effective for these types of problems. This research aims to provide a detailed survey of recent advances in the application of multi-agent systems in Peer-to-Peer energy trading. The challenges encountered in implementing these systems are discussed, e.g. agent learning, privacy, and computational power. The primary advantages of multi-agent systems for Peer-to-Peer energy trading reported in the literature are: improved efficiency of renewable utilization, reduced transaction costs, and scalability. Current challenges and future directions of research are also outlined.

Original languageEnglish
Article number107847
JournalEngineering Applications of Artificial Intelligence
Volume132
DOIs
Publication statusPublished - Jun 2024

Keywords

  • Energy auction
  • Energy trading
  • Green energy
  • Multi-agent systems
  • Peer-to-Peer
  • Sustainable

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