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A negotiation protocol for decentralised energy exchange between smart homes

A negotiation protocol for decentralised energy exchange between smart homes
A negotiation protocol for decentralised energy exchange between smart homes
A number of recent projects are focused on providing access to electricity to the remote communities in developing world. Their idea is to provide renewable energy generation units and energy storage devices to homes in these communities. These resources enable a household to generate, store and consume energy according to its needs. However, these resources operate in isolation and we envision an interconnection of homes to allow the decentralised coordination of their resources in order to exchange energy. Energy exchange offers many advantages such as improving the efficient use of energy, and therefore, is a common practice in utility companies. However, the utility-scale exchanges require several resources (e.g. human experts who manually negotiate, on behalf of their companies, to reach exchange agreement) which are not present in remote communities. In contrast, we motivate the use of an automated negotiation solution and present a novel negotiation protocol to facilitate energy exchange between off-grid homes. The negotiation over energy exchange is multi-issue, where issues are interdependent on each other, and therefore, is more complex and difficult. To deal with complexity, our protocol imposes additional constraints on negotiation such that it reduces a complex interdependent multi-issue problem to one that is tractable. We prove that using our protocol, agents can reach a Pareto-optimal, dominant strategy equilibrium in a decentralised and timely fashion. We empirically evaluate our approach with the real data and show that, in this case, energy exchange can be useful in reducing the capacity of the energy storage devices in homes by close to 40%.
University of Southampton
Alam, Muddasser
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Alam, Muddasser
f2a6ba6a-7dee-4083-afa8-47910bfc1b9b
Rogers, Alexander
f9130bc6-da32-474e-9fab-6c6cb8077fdc
Ramchurn, Sarvapali
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Alam, Muddasser (2011) A negotiation protocol for decentralised energy exchange between smart homes. University of Southampton, Electronics and Computer Science, Masters Thesis, 74pp.

Record type: Thesis (Masters)

Abstract

A number of recent projects are focused on providing access to electricity to the remote communities in developing world. Their idea is to provide renewable energy generation units and energy storage devices to homes in these communities. These resources enable a household to generate, store and consume energy according to its needs. However, these resources operate in isolation and we envision an interconnection of homes to allow the decentralised coordination of their resources in order to exchange energy. Energy exchange offers many advantages such as improving the efficient use of energy, and therefore, is a common practice in utility companies. However, the utility-scale exchanges require several resources (e.g. human experts who manually negotiate, on behalf of their companies, to reach exchange agreement) which are not present in remote communities. In contrast, we motivate the use of an automated negotiation solution and present a novel negotiation protocol to facilitate energy exchange between off-grid homes. The negotiation over energy exchange is multi-issue, where issues are interdependent on each other, and therefore, is more complex and difficult. To deal with complexity, our protocol imposes additional constraints on negotiation such that it reduces a complex interdependent multi-issue problem to one that is tractable. We prove that using our protocol, agents can reach a Pareto-optimal, dominant strategy equilibrium in a decentralised and timely fashion. We empirically evaluate our approach with the real data and show that, in this case, energy exchange can be useful in reducing the capacity of the energy storage devices in homes by close to 40%.

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More information

Published date: 22 June 2011
Organisations: University of Southampton, Agents, Interactions & Complexity

Identifiers

Local EPrints ID: 348284
URI: https://eprints.soton.ac.uk/id/eprint/348284
PURE UUID: eee10200-edac-48e2-aa3e-37899c1147f8
ORCID for Sarvapali Ramchurn: ORCID iD orcid.org/0000-0001-9686-4302

Catalogue record

Date deposited: 28 Feb 2013 14:57
Last modified: 07 Jun 2019 00:34

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