Interdependent multi-issue negotiation for energy exchange in remote communities

Abstract

We present a novel negotiation protocol to facilitate energy exchange between off-grid homes that are equipped with renewable energy generation and electricity storage. Our protocol imposes restrictions over negotiation such that it reduces the complex interdependent multi-issue negotiation to one where agents have a strategy profile in subgame perfect Nash equilibrium. We show that our negotiation protocol is tractable, concurrent, scalable and leads to Pareto-optimal outcomes in a decentralised manner. We empirically evaluate our protocol and show that, in this instance, a society of agents can (i) improve the overall utilities by 14% and (ii) reduce their overall use of the batteries by 37%. Copyright © 2013, Association for the Advancement of Artificial Intelligence (www.aaai.org). All rights reserved.