AbstractThe emergence of multi‐agent systems and significant integration of distributed energy sources (DESs) are transforming distribution networks. This necessitates a decentralized management strategy for unbalanced operation in multi‐agent distribution systems (MADSs) due to the autonomous nature and potential for unbalanced injection of single‐phase DESs. Accordingly, this paper proposes a novel approach for decentralized management of unbalanced operation in MADSs. The approach leverages a customized alternating direction method of multipliers to facilitate decentralized decision‐making, while incorporating transactive energy signals aligned with the alternating direction method of multiplier framework to enable independent agent operation. In this scheme, independent agents would optimize their operating costs considering the announced transactive signals, which model the power prices and power loss in the grid. The decentralized structure enables agents to apply stochastic and condition value at risk methods to address the uncertainty and associated risk in scheduling resources. Furthermore, without violating the privacy concerns of agents, the developed transactive‐based scheme facilitates minimizing the asymmetrical condition, caused by the unbalanced integration of DESs, in the power request at the connection point of MADSs and transmission networks. Finally, the proposed methodology is simulated on 37‐bus and 123‐bus test‐systems to study its effectiveness in managing the MADSs with unbalanced integration of DESs.
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