A Multi-Agent System Performing One-to-Many Negotiation for Load Balancing of Electricity Use

Emerging technologies allowing two-way communication between utility companies and their customers are changing the rules of the energy market. Deregulation makes it even more demanding for utility companies to create new business processes for the mutual benefit of the companies and their customers. Dynamic load management of the power grid is essential to make better and more cost-effective use of electricity production capabilities, and to increase customer satisfaction. In this paper, methods from agent technology and knowledge technology have been used to analyse, design, and implement a component-based multi-agent system capable of negotiation for load management. The proof-of-concept prototype system NALM (negotiating agents for load management) developed shows how under certain assumptions peaks in power load can be reduced effectively based on a negotiation process. © Elsevier Science B.V. All rights reserved