Interdependent Multi-Issue Negotiation for Energy Exchange in Remote Communities
Alam, Muddasser (University of Southampton) | Rogers, Alex ( University of Southampton ) | Ramchurn, Sarvapali D (University of Southampton)
We present a novel negotiation protocol to facilitate energy exchange between off-grid homes that are equipped with renewable energy generation and electricity storage. Our protocol imposes restrictions over negotiation such that it reduces the complex interdependent multi-issue negotiation to one where agents have a strategy profile in subgame perfect Nash equilibrium. We show that our negotiation protocol is tractable, concurrent, scalable and leads to Pareto-optimal outcomes in a decentralised manner. We empirically evaluate our protocol and show that, in this instance, a society of agents can (i) improve the overall utilities by 14% and (ii) reduce their overall use of the batteries by 37%.
Jul-9-2013
- Country:
- North America > United States (0.28)
- Industry:
- Energy
- Energy Storage (1.00)
- Renewable > Wind (0.46)
- Energy
- Technology: