In this letter, an optimal operation model for a multiagent system (MAS) based microgid is proposed. The objective is to save the overall energy cost represented as a sum of… Click to show full abstract
In this letter, an optimal operation model for a multiagent system (MAS) based microgid is proposed. The objective is to save the overall energy cost represented as a sum of locally observable convex functions. An asynchronous and distributed alternating direction method of multipliers (ADMM) algorithm is developed for the MAS-based microgrid to solve the formulated optimization problem and reach a convergence state. The proposed approach is shown to be highly effective through a simulation case study, indicating high potential for applications.
               
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