Market Strategy Evaluation for Prosumers in Local Electricity Markets

Abstract:Prosumers equipped with distributed generation and flexible loads form autonomous cyber-physical energy systems that control local resources and participate in local energy markets with minimal human intervention. This work develops and evaluates an agent-based simulation platform in which agents, representing prosumer households with photovoltaic systems, battery storage systems, electric vehicles, and heat pumps, participate in a uniform-price double-sided call auction. The effect of individual bidding strategies on community-level efficiency and prosumer-level financial outcomes is incompletely understood, particularly when prosumers with heterogeneous portfolios interact in one market. Four market strategies of increasing complexity are compared: a zero-intelligence constrained baseline, a boundary-price strategy, an extended storage cascade, and a market-adaptive pricing strategy. The simulation is conducted on a community of 33 prosumers at 15-minute resolution, spanning summer, winter, and spring to characterize seasonal variation. Results show that rule-based resource control substantially reduces community energy expenditure: the extended storage cascade achieves a total cost of 39.06 EUR compared to 62.38 EUR under the zero-intelligence baseline, a reduction of 37.4 %. The market-adaptive strategy yields the highest aggregate community financial gain through local energy market participation (14.40 EUR vs. 10.28 EUR for the baseline, a gain of 40.1 %) under summer conditions. Strategy effectiveness depends on both portfolio composition and seasonal supply conditions, requiring joint evaluation of resource control and pricing decisions.

Computer Science and Game Theory (cs.GT); Artificial Intelligence (cs.AI); Systems and Control (eess.SY)

arXiv:2607.18272 [cs.GT]

(or arXiv:2607.18272v1 [cs.GT] for this version)

https://doi.org/10.48550/arXiv.2607.18272 Focus to learn more arXiv-issued DOI via DataCite

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