2018
Authors
Pinto A.; Pinto T.; Praca I.; Vale Z.; Faria P.;
Publication
2018 IEEE International Conference on Communications, Control, and Computing Technologies for Smart Grids, SmartGridComm 2018
Abstract
Electricity markets are complex and dynamic environments, mostly due to the large scale integration of renewable energy sources in the system. Negotiation in these markets is a significant challenge, especially when considering negotiations at the local level (e.g., between buildings and distributed energy resources). It is essential for a negotiator to be able to identify the negotiation profile of the players with whom he is negotiating. If a negotiator knows these profiles, it is possible to adapt the negotiation strategy and get better results in a negotiation. In order to identify and define such negotiation profiles, a clustering process is proposed in this paper. The clustering process is performed using the kml-k-means algorithm, in which several negotiation approaches are evaluated in order to identify and define players' negotiation profiles. A case study is presented, using as input data, information from proposals made during a set of negotiations. Results show that the proposed approach is able to identify players' negotiation profiles used in bilateral negotiations in electricity markets.
2018
Authors
Faia R.; Pinto T.; Vale Z.; Corchado J.;
Publication
IEEE Power and Energy Society General Meeting
Abstract
Case-based reasoning enables solving new problems using past experience, by reusing solutions for past problems. The simplicity of this technique has made it very popular in several domains. However, the use of this type of approach to support decisions in the power and energy domain is still rather unexplored, especially regarding the flexibility of consumption in buildings in response to recent environmental concerns and consequent governmental policies that envisage the increase of energy efficiency. In order to determine the amount of consumption reduction that should be applied in a building, this article proposes a methodology that adapts the past results of similar cases in order to achieve a decision for the new case. A clustering methodology is used to identify the most similar previous cases, and an expert system is developed to refine the final solution after the combination of the similar cases results. The proposed CBR methodology is evaluated using a set of real data from a residential building. Results prove the advantages of the proposed methodology, demonstrating its applicability to enhance house energy management systems by determining the amount of reduction that should be applied in each moment, thus allowing such systems to carry out the reduction through the different loads of the building.
2018
Authors
Pinto A.; Pinto T.; Silva F.; Praca I.; Vale Z.; Corchado J.;
Publication
IEEE Power and Energy Society General Meeting
Abstract
This paper addresses the theme automated bilateral negotiation of energy contracts. In this work, the automatic combination between different negotiation tactics is proposed. This combination is done dynamically throughout the negotiation process, as result from the online assessment that is performed after each proposal and counter-proposal. The proposed method is integrated in a decision support system for bilateral negotiations, called Decision Support for Energy Contracts Negotiations (DECON), which in turn is integrated with the Multi-Agent Simulator of Competitive Electricity Markets (MASCEM). This integration enables testing and validating the proposed methodology in a realistic market negotiation environment. A case study is presented, demonstrating the advantages of the proposed approach.
2019
Authors
Pinto, T; Morais, H; Corchado, JM;
Publication
NEUROCOMPUTING
Abstract
Entropy models the added information associated to data uncertainty, proving that stochasticity is not purely random. This paper explores the potential improvement of machine learning methodologies through the incorporation of entropy analysis in the learning process. A multi-layer perceptron is applied to identify patterns in previous forecasting errors achieved by a machine learning methodology. The proposed learning approach is adaptive to the training data through a re-training process that includes only the most recent and relevant data, thus excluding misleading information from the training process. The learnt error patterns are then combined with the original forecasting results in order to improve forecasting accuracy, using the Rényi entropy to determine the amount in which the original forecasted value should be adapted considering the learnt error patterns. The proposed approach is combined with eleven different machine learning methodologies, and applied to the forecasting of electricity market prices using real data from the Iberian electricity market operator – OMIE. Results show that through the identification of patterns in the forecasting error, the proposed methodology is able to improve the learning algorithms’ forecasting accuracy and reduce the variability of their forecasting errors.
2019
Authors
Pinto, T; Faia, R; Ghazvini, MAF; Soares, J; Corchado, JM; Vale, Z;
Publication
IEEE TRANSACTIONS ON POWER SYSTEMS
Abstract
This paper proposes a decision support model to optimize small players' negotiations in multiple alternative/complementary market opportunities. The proposed model endows players with the ability to maximize their gains in electricity market negotiations. The proposed approach is integrated in a multi-agent simulation platform, which enables experimenting different market configurations, thus facilitating the assessment of the impact of negotiation outcomes in distinct electricity markets. The proposed model is directed to supporting the actions of small players in a transactive energy environment. Therefore, the experimental findings include negotiations in local markets, negotiations through bilateral contracts, and the participation in wholesale markets (through aggregators). The validation is performed using real data from the Iberian market, and results show that by planning market actions considering the expected prices in different market opportunities, small players are able to improve their benefits from market negotiations.
2019
Authors
Pinto, T; Faia, R; Navarro Caceres, M; Santos, G; Corchado, JM; Vale, Z;
Publication
IEEE SYSTEMS JOURNAL
Abstract
This paper proposes a novel case-based reasoning (CBR) recommender system for intelligent energy management in buildings. The proposed approach recommends the amount of energy reduction that should be applied in a building in each moment, by learning from previous similar cases. The k-nearest neighbor clustering algorithm is applied to identify the most similar past cases, and an approach based on support vector machines is used to optimize the weight of different parameters that characterize each case. An expert system composed by a set of ad hoc rules guarantees that the solution is adequate and applicable to the new case scenario. The proposed CBR methodology is modeled through a dedicated software agent, thus enabling its integration in a multi-agent systems society for the study of energy systems. Results show that the proposed approach is able to provide suitable recommendations on energy reduction, by comparing its results with a previous approach based on particle swarm optimization and with the real reduction in past cases. The applicability of the proposed approach in real scenarios is also assessed through the application of the results provided by the proposed approach on a house energy resources management system.
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