Power system needs a continuous upgrade to overcome the challenges like distributed control, self-healing, power quality, demand side management and integration of renewable system. At present, power system needs an advance and intelligent technology to perform various system level tasks. Centralized control of the system has efficient operation during integration of the renewable resources and lag of communication between the stations. Smart grid provides the intelligent and efficient power management system. Upgrade of present power system with multi-agent system (MAS) provides the solution for most of the power system issues. More number of MAS are used in the power system network based on acquires of the system. MAS are communicating with each other for the more acquired result. Better implantation of MAS can achieved by providing the high speed and secured communication protocol. In this chapter, we discussed about the MAS fundamental architecture and intelligent controller design tools and case study of real time tariff management using MAS.
Part of the book: Multi Agent Systems