With the increasing integration of Distributed Energy Resources (DER) in the power grid, a decentralized approach becomes essential for scheduling and allocation of resources in a smart grid. Economic Dispatch (ED) and Unit Commitment (UC) are the two major resource allocation problems that play critical role in the safe and stable operation of a grid system. The uncertainty associated with renewable energy sources have made the resource allocation problems even more challenging for grid operators. The future grid will have a higher generation mix of renewable energy sources and a large load of Electrical vehicles, with the possibility of bi-directional power flow. This complex smart grid system necessitates the development of a decentralized approach to resource allocation problem, which allows inter-node communication and decision making. Multi-agent systems (MAS) is a promising platform to decentralize the traditional centralized resource allocation aspects of smart grid. This paper presents a comprehensive literature review on the application of MAS to Economic Dispatch (ED) and Unit Commitment (UC) in smart grids.

When discussing the development of MAS for Smart Grid and the advantages of distributed MAS over centralized control in the text of this article [1] and describing MAS tools in Table 2, we inadvertently used text from a previous article by Merabet and colleagues [2] and omitted a citation