IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v335y2025ics036054422503765x.html
   My bibliography  Save this article

A distributed dynamic multi-agent reinforcement learning based cooperative game framework for multi-sectoral transaction in electricity markets considering dynamic revenue allocation optimisation and Renewable Energy Certificate trading

Author

Listed:
  • Cao, Jinjia
  • Xu, Xu
  • Yao, Weitao
  • Xue, Fei
  • Long, Chao

Abstract

This study proposes an innovative framework for constructing a tripartite cooperative game model in the electricity market, aiming to harmonise the power dispatch and the trading of Renewable Energy Certificates (RECs) among multiple customers within the same region. In this framework, industrial, commercial, and residential customers engage in energy trading and RECs trading to comprehensively optimise carbon emissions and revenues for industrial self-power plants (SPPs). Given the complexity of the proposed model, the tripartite cooperative game model is formulated as a Markov Decision Process (MDP), which can be solved by the proposed distributed dynamic multi-agent deep reinforcement learning algorithm. The proposed solution algorithm adopts the distributed training distributed execution (DTDE) architecture to enhance training efficiency and incorporates benefit-sharing mechanisms grounded in cooperative contributions. Furthermore, a dynamic reward module is introduced and integrated into the deep reinforcement learning training process to encourage trading agents to explore a broader operational state space. The results show that (1) The renewable energy utilisation increases by 21.14% under the tripartite cooperative game compared to the no-cooperation case; (2) The total electricity cost is reduced by about 26.62% under the proposed tripartite cooperative game model; (3) The proposed algorithm significantly improves training efficiency compared to traditional reinforcement learning methods, achieving up to a 37.32% increase in reward performance. These findings demonstrate the effectiveness of the proposed model in improving market efficiency, reducing costs, and promoting renewable energy utilisation.

Suggested Citation

  • Cao, Jinjia & Xu, Xu & Yao, Weitao & Xue, Fei & Long, Chao, 2025. "A distributed dynamic multi-agent reinforcement learning based cooperative game framework for multi-sectoral transaction in electricity markets considering dynamic revenue allocation optimisation and ," Energy, Elsevier, vol. 335(C).
  • Handle: RePEc:eee:energy:v:335:y:2025:i:c:s036054422503765x
    DOI: 10.1016/j.energy.2025.138123
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S036054422503765X
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.energy.2025.138123?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:335:y:2025:i:c:s036054422503765x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.