Agent Cooperatives for Effective Power Consumption Shifting

Authors

  • Charilaos Akasiadis Technical University of Crete
  • Georgios Chalkiadakis Technical University of Crete

DOI:

https://doi.org/10.1609/aaai.v27i1.8477

Keywords:

Smart Grid, peak trimming, energy, incentives for cooperation, coalition formation, scoring rules, group buying

Abstract

In this paper, we present a directly applicable scheme for electricity consumption shifting and effective demand curve flattening. The scheme can employ the services of either individual or cooperating consumer agents alike. Agents participating in the scheme, however, are motivated to form cooperatives, in order to reduce their electricity bills via lower group prices granted for sizable consumption shifting from high to low demand time intervals. The scheme takes into account individual costs, and uses a strictly proper scoring rule to reward contributors according to efficiency. Cooperative members, in particular, can attain variable reduced electricity price rates, given their different load shifting capabilities. This allows even agents with initially forbidding shifting costs to participate in the scheme, and is achieved by a weakly budget-balanced, truthful reward sharing mechanism. We provide four variants of this approach, and evaluate it experimentally.

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Published

2013-06-29

How to Cite

Akasiadis, C., & Chalkiadakis, G. (2013). Agent Cooperatives for Effective Power Consumption Shifting. Proceedings of the AAAI Conference on Artificial Intelligence, 27(1), 1263-1269. https://doi.org/10.1609/aaai.v27i1.8477

Issue

Section

Computational Sustainability and Artificial Intelligence