LAPSE:2023.7208
Published Article
LAPSE:2023.7208
Peer-to-Peer Trading for Energy-Saving Based on Reinforcement Learning
Liangyi Pu, Song Wang, Xiaodong Huang, Xing Liu, Yawei Shi, Huiwei Wang
February 24, 2023
Abstract
This paper proposes a new peer-to-peer (P2P) energy trading method between energy sellers and consumers in a community based on multi-agent reinforcement learning (MARL). Each user of the community is treated as a smart agent who can choose the amount and the price of the electric energy to sell/buy. There are two aspects we need to examine: the profits for the individual user and the utility for the community. For a single user, we consider that they want to realise both a comfortable living environment to enhance happiness and satisfaction by adjusting usage loads and certain economic benefits by selling the surplus electric energy. Taking the whole community into account, we care about the balance between energy sellers and consumers so that the surplus electric energy can be locally absorbed and consumed within the community. To this end, MARL is applied to solve the problem, where the decision making of each user in the community not only focuses on their own interests but also takes into account the entire community’s welfare. The experimental results prove that our method is profitable both both the sellers and buyers in the community.
Keywords
multi-agent reinforcement learning, peer-to-peer energy trading, prosumer
Suggested Citation
Pu L, Wang S, Huang X, Liu X, Shi Y, Wang H. Peer-to-Peer Trading for Energy-Saving Based on Reinforcement Learning. (2023). LAPSE:2023.7208
Author Affiliations
Pu L: Chongqing Huizhi Energy Corporation Ltd., State Power Investment Corporation (SPIC), Chongqing 401127, China
Wang S: Chongqing Huizhi Energy Corporation Ltd., State Power Investment Corporation (SPIC), Chongqing 401127, China
Huang X: Chongqing Huizhi Energy Corporation Ltd., State Power Investment Corporation (SPIC), Chongqing 401127, China
Liu X: College of Electronics and Information Engineering, Southwest University, Chongqing 400715, China
Shi Y: College of Electronics and Information Engineering, Southwest University, Chongqing 400715, China
Wang H: Key Laboratory of Intelligent Information Processing, Chongqing Three Gorges University, Chongqing 404100, China; Chongqing Innovation Center, Beijing Institute of Technology, Chongqing 401120, China [ORCID]
Journal Name
Energies
Volume
15
Issue
24
First Page
9633
Year
2022
Publication Date
2022-12-19
ISSN
1996-1073
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Original Submission
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PII: en15249633, Publication Type: Journal Article
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LAPSE:2023.7208
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https://doi.org/10.3390/en15249633
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