A Stateful Stochastic Allocation Mechanism with Fairness Guarantees for Networked Electricity Systems (opens in new tab)

This paper develops and analyses the Fair Play Automatic Market Maker (FP-AMM), a programmable electricity allocation mechanism in which scarcity allocation is treated as a controlled, stateful, and auditable cyber-physical process. Existing mechanisms such as locational marginal pricing are memoryless and cannot account for historical service outcomes, preventing guarantees of equitable treatment across market intervals. The FP-AMM employs a tw...