A Multiagent-Based Game-Theoretic and Optimization Approach for Market Operation of Multimicrogrid Systems

This paper proposes a multiagent-based energy market for multimicrogrid systems using game-theoretic and hierarchical optimization approaches. The proposed method is tailored to achieve the optimal operation of smart microgrids in distribution systems. Because of rapid load variations in distribution systems, it is necessary to develop fast optimization algorithms which minimize the power mismatch in and among microgrids. In this paper, a three-level market framework is proposed. The first level comprises a game-theoretic double-auction mechanism for the day-ahead market while the next two levels are optimal rescheduling and intermicrogrid reverse auction model for the hour-ahead and real-time markets, respectively. Using the hierarchical optimization algorithm in a multiagent-based area, it is anticipated to not only minimize the optimization solution time, but also reduce the dependency on the network in grid-connected mode or load shedding in islanded mode. Using this approach, load demand response capabilities along with rescheduling of Distributed Energy Storage Systems and distributed generations could be utilized in all market levels, which will lead to optimal operation of multimicrogrid systems. Agents are developed in DIgSILENT PowerFactory and dynamic data exchange is activated for communication among agents communicating through a data distribution service which utilizes the real-time publish-subscribe communication protocol. The developed framework is applied to the modified 37-bus IEEE distribution test feeder system to validate the effectiveness of this market structure.