Multi-Agent System for Market Based Microgrid Operation in Smart Grid Environment

Enabling electricity markets is one of main characteristics of a smart grid that integrates advanced sensing technologies, control methodologies, and communication technologies into current power distribution systems. Intelligent Multi-Agent System (MAS) that provides platform for modeling autonomous decision making entities in de-centralized fashion can be used to implement market based power system operation in smart grid. This paper presents development, and simulation of an intelligent multi-agent system based on IEEE FIPA (Foundation for Intelligent Physical Agents) standards in context of distributed smart grid. In particular, a multiagent system is developed, and simulated for the market based operation of a microgrid in both islanded and grid-connected modes. Microgrid is an innovative control and management architecture at power distribution network, which makes easy to implement smart grid techniques. The simulation outcome shows that the proposed multi-agent system is an excellent platform for facilitating smart operation of microgrids.