Towards a cloud-based platform architecture for a decentralized market agent

Reorganization of power generation, thereby replacing conventional energy sources by innovative renewable energy sources, demands a change in distribution grid structure and operation. The foreseen Decentralized Marked Agent is a new role in the energy market sector accomplishing not only trading on energy and operating reserve markets but also regulating flexibilities at the distribution grid level, such as energy storage and decentralized energy generators, and thereby considering system services and securing system stability. This paper presents requirements on an IT system to support this new role. We design an architecture matching these requirements and show how Cloud computing technology can be used to implement the architecture. This enables data concerning the distribution grid being automatically gathered and processed by dedicated algorithms, aiming to optimize cost efficient operation and the development of the distribution grid.