Deep reinforcement learning-aided bidding strategies for transactive energy market

A Taghizadeh, M Montazeri… - IEEE Systems Journal, 2022 - ieeexplore.ieee.org
The concept of transactive energy market (TEM) has been introduced to efficiently balance
supply and demand across the electrical networks in a distributed manner. TEM allows …

Multi‐agent reinforcement learning in a new transactive energy mechanism

H Mohsenzadeh‐Yazdi, H Kebriaei… - IET Generation …, 2024 - Wiley Online Library
Thanks to reinforcement learning (RL), decision‐making is more convenient and more
economical in different situations with high uncertainty. In line with the same fact, it is …

[HTML][HTML] Fit for purpose: Modeling wholesale electricity markets realistically with multi-agent deep reinforcement learning

N Harder, R Qussous, A Weidlich - Energy and AI, 2023 - Elsevier
Electricity markets need to continuously evolve to address the growing complexity of a
predominantly renewable energy-driven, highly interconnected, and sector-integrated …

Joint bidding and pricing for electricity retailers based on multi-task deep reinforcement learning

H Xu, Q Wu, J Wen, Z Yang - International journal of electrical power & …, 2022 - Elsevier
The single-task deep reinforcement learning (STDRL)-based methods solve the joint
bidding and pricing problem for the electricity retailer in a hierarchical electricity market by …

Proximal policy optimization based reinforcement learning for joint bidding in energy and frequency regulation markets

M Anwar, C Wang, F De Nijs… - 2022 IEEE Power & …, 2022 - ieeexplore.ieee.org
Driven by the global decarbonization effort, the rapid integration of renewable energy into
the conventional electricity grid presents new challenges and opportunities for the battery …

Deep inverse reinforcement learning for objective function identification in bidding models

H Guo, Q Chen, Q Xia, C Kang - IEEE Transactions on Power …, 2021 - ieeexplore.ieee.org
Due to the deregulation of power systems worldwide, bidding behavior simulation research
has gained prominence. One crucial element in these studies is accurately defining and …

Deep reinforcement learning for joint bidding and pricing of load serving entity

H Xu, H Sun, D Nikovski, S Kitamura… - … on Smart Grid, 2019 - ieeexplore.ieee.org
In this paper, we address the problem of jointly determining the energy bid submitted to the
wholesale electricity market (WEM) and the energy price charged in the retailed electricity …

Deep reinforcement learning for strategic bidding in electricity markets

Y Ye, D Qiu, M Sun… - … on Smart Grid, 2019 - ieeexplore.ieee.org
Bi-level optimization and reinforcement learning (RL) constitute the state-of-the-art
frameworks for modeling strategic bidding decisions in deregulated electricity markets …

Multi-Agent Deep Reinforcement Learning for Simulating Centralized Double-Sided Auction Electricity Market

B Yin, H Weng, Y Hu, J Xi, P Ding… - IEEE Transactions on …, 2024 - ieeexplore.ieee.org
Developing optimal bidding strategies for the market participants plays a crucial role in
increasing the profit of the electricity market. For the complex double-sided auction market …

Energy scheduling model considering penalty mechanism in transactive energy markets: A hybrid approach

JB Dulipala, S Debbarma - International Journal of Electrical Power & …, 2021 - Elsevier
Massive penetration of distributed energy resources (DER) in distribution networks
necessitates the need for a dynamic marketplace in the bottom layer to balance the …