Stability Analysis of an Agent-Based Smart Grid Control Marketplace

Abstract

While coupling locally dispersed producers and consumers to large distributed networks comes with different socio-economic advantages as increase in production, higher market adaptability and higher resource efficiency, an immanent disadvantage is the accompanying raise in control complexity. Distributed agent-based control approaches are envisioned as a solution for managing distributed and complex production, supply, and infrastructure networks. Nevertheless they are difficult to be analyzed and hard to be handled. The major challenges coming with distributed control solutions may be found in the field of stability problems such as oscillatory network conditions potentially leading to network collapses. In this paper a general modeling and stability analysis approach for networked nodes is presented and applied on a marketplace of an agent-based smart grid system to distribute an energy demand between producers. Finally the analytical results are evaluated on a smart grid simulation.