Storage

Agent-Based Micro-Storage Management for the Smart Grid

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Executive Summary

The use of energy storage devices in homes has been advocated as one of the main ways of saving energy and reducing the reliance on fossil fuels in the future Smart Grid. However, if micro-storage devices are all charged at the same time using power from the electricity grid, it means a higher demand and, hence, requires more generation capacity, results in more carbon emissions, and, in the worst case, breaks down the system due to over-demand. To alleviate such issues, this paper presents a novel agent-based micro-storage management technique that allows all (individually-owned) storage devices in the system to con-verge to pro table, efficient behaviour.

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