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The future of energy markets and the challenge of decentralized self-management
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Brazier, Frances, Ogston, Elth and Warnier, Martijn (2012) The future of energy markets and the challenge of decentralized self-management. In: Agents and Peer-to-Peer Computing : 7th International Workshop, AP2PC 2008, Estoril, Portugal, May 13, 2008 and 8th International Workshop, AP2PC 2009, Budapest, Hungary, May 11, 2009. Revised Selected Papers. Lecture Notes in Computer Science, Volume 6573 . Berlin Heidelberg: Springer, pp. 95-103. ISBN 9783642318085
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Official URL: http://dx.doi.org/10.1007/978-3-642-31809-2_9
Abstract
Complex, intelligent, distributed systems in dynamic environments, such as the power grid need to be designed to adapt autonomously. Self-management, in particular of large scale adaptive systems such as the power grid, is necessarily distributed. Agent and peer-to-peer based decentralized self-management can change the future of energy markets in which the power grid plays a core role.
Assuming that both consumers and providers of energy are autonomous systems, represented by software agents or peers capable of self-management, virtual organizations of systems can emerge and adapt when necessary. Communication structures between systems, e.g., hierarchical or clustered organizations, can emerge, organizations between and within which systems can choose to cooperate and coordinate their actions, or compete. Overlay structures (as defined within p2p research) define such adaptive communication structures, multi-agent research provides interaction patterns. Global goals are achieved by local management on the basis of local goals and knowledge. The appropriate delegation of managerial responsibility determines the control structure. Aggregate information differs depending on the position of a system in an organization, the aggregation mechanisms and policies.
Item Type: | Book Item | ||||
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Divisions: | Faculty of Science, Engineering and Medicine > Science > Computer Science | ||||
Series Name: | Lecture Notes in Computer Science | ||||
Publisher: | Springer | ||||
Place of Publication: | Berlin Heidelberg | ||||
ISBN: | 9783642318085 | ||||
ISSN: | 0302-9743 | ||||
Book Title: | Agents and Peer-to-Peer Computing : 7th International Workshop, AP2PC 2008, Estoril, Portugal, May 13, 2008 and 8th International Workshop, AP2PC 2009, Budapest, Hungary, May 11, 2009. Revised Selected Papers | ||||
Official Date: | 2012 | ||||
Dates: |
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Volume: | Volume 6573 | ||||
Page Range: | pp. 95-103 | ||||
DOI: | 10.1007/978-3-642-31809-2_9 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Open Access (Creative Commons) |
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