local energy market
Decentralized Coordination of Distributed Energy Resources through Local Energy Markets and Deep Reinforcement Learning
May, Daniel, Taylor, Matthew, Musilek, Petr
As the energy landscape evolves toward sustainability, the accelerating integration of distributed energy resources poses challenges to the operability and reliability of the electricity grid. One significant aspect of this issue is the notable increase in net load variability at the grid edge. Transactive energy, implemented through local energy markets, has recently garnered attention as a promising solution to address the grid challenges in the form of decentralized, indirect demand response on a community level. Given the nature of these challenges, model-free control approaches, such as deep reinforcement learning, show promise for the decentralized automation of participation within this context. Existing studies at the intersection of transactive energy and model-free control primarily focus on socioeconomic and self-consumption metrics, overlooking the crucial goal of reducing community-level net load variability. This study addresses this gap by training a set of deep reinforcement learning agents to automate end-user participation in ALEX, an economy-driven local energy market. In this setting, agents do not share information and only prioritize individual bill optimization. The study unveils a clear correlation between bill reduction and reduced net load variability in this setup. The impact on net load variability is assessed over various time horizons using metrics such as ramping rate, daily and monthly load factor, as well as daily average and total peak export and import on an open-source dataset. Agents are then benchmarked against several baselines, with their performance levels showing promising results, approaching those of a near-optimal dynamic programming benchmark.
- North America > United States (0.28)
- North America > Canada > Alberta (0.14)
- Europe > Czechia > Hradec Králové Region > Hradec Králové (0.04)
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- Research Report (1.00)
- Overview (1.00)
- Energy > Power Industry (1.00)
- Government > Regional Government > North America Government (0.46)
Transactive Local Energy Markets Enable Community-Level Resource Coordination Using Individual Rewards
ALEX (Autonomous Local Energy eXchange) is an economy-driven, transactive local energy market where each participating building is represented by a rational agent. Relying solely on building-level information, this agent minimizes its electricity bill by automating distributed energy resource utilization and trading. This study examines ALEX's capabilities to align participant and grid-stakeholder interests and assesses ALEX's impact on short- and long-term intermittence using a set of community net-load metrics, such as ramping rate, load factor, and peak load. The policies for ALEX's rational agents are generated using dynamic programming through value iteration in conjunction with iterative best response. This facilitates comparing ALEX and a benchmark energy management system, which optimizes building-level self-consumption, ramping rate, and peak net load. Simulations are performed using the open-source CityLearn2022 dataset to provide a pathway for benchmarking by future studies. The experiments demonstrate that ALEX enables the coordination of distributed energy resources across the community. Remarkably, this community-level coordination occurs even though the system is populated by agents who only access building-level information and selfishly maximize their own relative profit. Compared to the benchmark energy management system, ALEX improves across all metrics.
- North America > Canada > Alberta (0.14)
- Europe > Czechia > Hradec Králové Region > Hradec Králové (0.04)
- North America > United States > New York > New York County > New York City (0.04)
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- Research Report > Experimental Study (0.48)
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Postdoctoral Researcher Job - Regulation of Local Energy Markets, TILT, Netherlands 2022
Tilburg University believes that academic excellence is achieved through the combination of outstanding research and education, in which social impact is made by sharing knowledge. In doing so, we recognize that excellence is not only achieved through individual performance, but mostly through team effort in which each team member acts as a leader connecting people. The successful candidate may be asked to perform other duties occasionally which are not included above, but which will be consistent with the role of Postdoc. The postdoctoral researcher will work on the Megamind project (Researchers pair artificial intelligence with regulatory reform to accelerate energy transition - MegaMind). MegaMind focuses on the so-called edges of the electricity system: the distribution networks and the electricity producing and consuming devices connected to them.
- Energy > Power Industry (0.71)
- Transportation > Ground > Road (0.31)