Distributed Optimization and Agent-based Power Management of Smart Grids in Electric Energy Markets
- Thursday, April 5, 2018 from 11:00am to 12:00pm
- Strand Union Building, 168 - view map
Abstract – The objective of this research is to introduce intelligent control and resource allocation techniques into electric energy networks. Agent-based decision mechanisms are employed for optimal handling of new types of resources (sustainable renewables, microgrids, demand response, etc.) in interactive electricity markets to enhance the self-healing capability and the resiliency of power grids. This research is a multi-disciplinary effort, which spans scientific fields such as electrical engineering, micro-economics, game theory, network science, data science and machine learning. The outcomes of this work will change the ways in which electrical energy is generated, controlled, monitored, and distributed in the smart grid era.