Review of Intelligent Methods and Their Potential Use towards a Smart Grid Negotiation Framework

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Abstract

The integration of Distributed Energy Resources utilizing Renewable Energy Sources, Energy Storage Systems, and Information and Communication Technologies is transforming traditional energy systems into adaptable, flexible, and sustainable systems, with the Smart Grid concept playing a pivotal role. This paper surveys intelligent techniques and methods applied in various markets and applications, particularly focusing on their potential adaptation for negotiation processes in Smart Grid contexts. The negotiation mechanisms, crucial for prosumers who engage in real-time transactions, are analyzed with a focus on fuzzy logic tools, specifically q-Rung Orthopair Fuzzy Sets. These tools are evaluated for their capability to handle negotiation tasks and Multi-Criteria Decision-Making problems. The paper proposes a negotiation schema for healthcare buildings, especially hospitals, given their significant environmental impact, providing insight for future research.

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APA

Panagiotou, D. K., & Dounis, A. I. (2024, June 1). Review of Intelligent Methods and Their Potential Use towards a Smart Grid Negotiation Framework. Applied Sciences (Switzerland). Multidisciplinary Digital Publishing Institute (MDPI). https://doi.org/10.3390/app14125196

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