An intelligent multi-layer, multi-agent MMG framework with amelioration of energy efficiency and future investment outlook, under the deregulated day-ahead and real-time market regime

Abstract

This paper developed an intelligent multi-agent system (MAS) with a multi-layer framework for multi-microgrids (MMGs) using robust and modern communication patterns for deployed agents to achieve distributed tasks. The MMG paradigm introduces three microgrids (MGs) based on the type of load, working environment, and living habitat: residential, commercial, and industrial. In addition, a day-ahead and real-time model is proposed for day-ahead and real-time signals. Intelligent agents in the multi-layer MAS framework make smart decisions based on multiple algorithms to optimize schedule power and minimize costs, considering demand dispatch and demand response as core components. Maximum renewable energy utilization aims to increase user comfort and reduce greenhouse gas (GHG) emissions. Load agents deployed in each MG ensure maximum efficiency. The proposed framework recommends various tariff rates and tariff adjustment strategies to promote and offer an economic evaluation across the respective indices. To minimize the monopoly of the energy market, an efficient energy market model is developed for the proposed MMG paradigm to maximize the competition by incorporating future and spot-market trading schemes for day-ahead and real-time signals. The comparative analysis indicates optimized results based upon the cost-benefit analysis, cost reduction, power transaction in the market, and maximum utilization of renewable energy resources (RERs).