Distribution networks are undergoing a fundamental transition due to the expansion of flexible resources as well as renewable energy sources in the system. In this regard, multiagent structures are developed in modern distribution systems to facilitate the independent operation of local resources. Nevertheless, the non-coordinated operation of independent agents could result in a deviation between the real-time power purchased from transmission network and the day-ahead scheduling.

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... this paper aims to provide a novel framework that enables the decentralized management of multiagent distribution systems, while coordinating the real-time power request and the day-ahead scheduling. In this regard, the alternating direction method of multipliers (ADMM) is taken into account to facilitate the decentralized operation of the multi-agent systems. Furthermore, transactive control signals are employed to exploit the real-time operational scheduling of independent agents in order to minimize the deviation of real-time power exchange and the day-ahead scheduling. Finally, the developed methodology is implemented on the IEEE 37-bus test system in order to analyze the effectiveness of the proposed approach for the operational management of multi-agent distribution systems.