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Prosumers with generation and storage capabilities can supply en- ergy back to the grid, or trade their surplus with other prosumers for their mutual benefit. A prosumer aggregation that facilitates such trades will price the energy being traded to achieve an objective such as profit maximization, social welfare, or market equilibrium. We propose the use of reinforcement learning to design a trans- active controller to price energy in a prosumer aggregation. This has an advantage over other decentralized pricing mechanisms as it does not rely on iterative price settlement or load estimation by prosumers, and estimates the price in a day ahead manner. We present numerical case studies to evaluate our controller, and dis- cuss extensions to implement this in real prosumer aggregations.more » « less
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Zhou, Yuxun; Arghandeh, Reza; Spanos, Costas J. (, IEEE Transactions on Smart Grid)
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