A Systems Approach to the Smart Grid

Abstract

This paper presents the case for using a systems approach to analyse the requirements and behaviours of the Smart Grid as well as designing relevant solutions. By linking systems thinking to agent-based modelling, we discuss how a Smart Grid can be modelled as Multi-Agent Systems by reviewing some related state-of-the-art research. This paper goes on to outline two research areas that we are developing, namely, demand response using dynamic pricing and emergent behaviours of a Smart Grid.This paper presents the case for using a systems approach to analyse the requirements and behaviours of the Smart Grid as well as designing relevant solutions. By linking systems thinking to agent-based modelling, we discuss how a Smart Grid can be modelled as Multi-Agent Systems by reviewing some related state-of-the-art research. This paper goes on to outline two research areas that we are developing, namely, demand response using dynamic pricing and emergent behaviours of a Smart Grid