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Record W4414298134 · doi:10.1016/j.ecmx.2025.101249

Pricing and trading strategies in networked microgrid systems: A comprehensive review

2025· review· en· W4414298134 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.
fundA Canadian funder is recorded on the work.

Bibliographic record

VenueEnergy Conversion and Management X · 2025
Typereview
Languageen
FieldEngineering
TopicSmart Grid Energy Management
Canadian institutionsUniversity of Alberta
FundersEPCORNatural Sciences and Engineering Research Council of CanadaAltaLinkAlberta Electric System Operator
KeywordsMicrogridKey (lock)ScalabilityTask (project management)Pricing strategiesDynamic pricing

Abstract

fetched live from OpenAlex

As microgrids evolve from isolated systems into interconnected networks, pricing and trading strategies have emerged as the economic backbone of networked microgrid systems. These strategies are essential to enable energy self-sufficiency, facilitate energy exchanges within the network, and support scalable coordination. However, the development of effective trading approaches remains a complex and challenging task for researchers. To address these challenges, several studies have been proposed in the literature to overcome the complexities of trading in networked microgrids. This article presents a comprehensive comparative review of existing studies on pricing and trading strategies in networked microgrids. The reviewed methods are classified into five major categories: mathematical optimization techniques, market mechanisms, game-theoretic approaches, reinforcement learning methods, and blockchain-based models. Each category is examined in terms of its technical foundations and the application of the respective strategy within networked microgrids. Furthermore, four key evaluation criteria—fairness, privacy, scalability, and computational efficiency—are identified to facilitate a detailed comparative analysis of the studies within each category. This review highlights the strengths and trade-offs of each approach based on these criteria. Finally, the article highlights real-world pilot projects that demonstrate the practical viability of each categorized approach, while also outlining key research gaps that hinder broader implementation of pricing and trading strategies in networked microgrid systems. • Reviews pricing and trading strategies in networked microgrid systems. • Classifies approaches into MO, market, GT, RL, and blockchain-based models. • Compares approaches using fairness, privacy, scalability, and efficiency criteria. • Identifies research gaps and opportunities for practical market implementation.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Not applicable · Consensus signal: none
GenreCandidate signal: Review · Consensus signal: Review
Teacher disagreement score0.881
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.015
GPT teacher head0.241
Teacher spread0.225 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it