English

A Convergence Predictor Model for Consensus-based Decentralised Energy Markets

Systems and Control 2023-08-21 v1 Systems and Control

Abstract

This letter introduces a convergence prediction model (CPM) for decentralized market clearing mechanisms. The CPM serves as a tool to detect potential cyber-attacks that affect the convergence of the consensus mechanism during ongoing market clearing operations. In this study, we propose a successively elongating Bayesian logistic regression approach to model the probability of convergence of real-time market mechanisms. The CPM utilizes net-power balance among all the prosumers/market participants as a feature for convergence prediction, enabling a low-dimensional model to operate efficiently for all the prosumers concurrently. The results highlight that the proposed CPM has achieved a net false rate of less than 0.01% for a stressed dataset.

Keywords

Cite

@article{arxiv.2308.09603,
  title  = {A Convergence Predictor Model for Consensus-based Decentralised Energy Markets},
  author = {Parikshit Pareek and L. P. Mohasha Isuru Sampath and Hung D. Nguyen and Eddy Y. S. Foo},
  journal= {arXiv preprint arXiv:2308.09603},
  year   = {2023}
}
R2 v1 2026-06-28T11:58:50.561Z