[HTML][HTML] Review of virtual power plant operations: Resource coordination and multidimensional interaction

H Gao, T Jin, C Feng, C Li, Q Chen, C Kang - Applied Energy, 2024 - Elsevier
Virtual power plants (VPPs) have become an important technological means for large-scale
distributed energy resources to participate in the operation of power systems and electricity …

Reinforcement learning in deregulated energy market: A comprehensive review

Z Zhu, Z Hu, KW Chan, S Bu, B Zhou, S Xia - Applied Energy, 2023 - Elsevier
The increasing penetration of renewable generations, along with the deregulation and
marketization of power industry, promotes the transformation of energy market operation …

[HTML][HTML] A multistage stochastic approach for the optimal bidding of variable renewable energy in the day-ahead, intraday and balancing markets

AR Silva, HMI Pousinho, A Estanqueiro - Energy, 2022 - Elsevier
Market agents with renewable resources face amplified uncertainty when forecasting energy
production to securely place bids in electricity markets. To deal with uncertainties, stochastic …

Multi-market bidding behavior analysis of energy storage system based on inverse reinforcement learning

Q Tang, H Guo, Q Chen - IEEE Transactions on Power Systems, 2022 - ieeexplore.ieee.org
The bidding behaviors of the energy storage systems (ESS) are complicated due to time
coupling and market coupling limited by their capacity states. The existing research is mainly …

Risk-aware battery bidding with a novel benchmark selection under second-order stochastic dominance

H Khaloie, J Faraji, F Vallée, CS Lai… - IEEE Transactions …, 2023 - ieeexplore.ieee.org
This paper studies the risk management of a battery bidding in both day-ahead and intraday
markets arising from the uncertain nature of electricity prices. To this end, a coherent risk …

Exploiting battery storages with reinforcement learning: a review for energy professionals

R Subramanya, SA Sierla, V Vyatkin - IEEE Access, 2022 - ieeexplore.ieee.org
The transition to renewable production and smart grids is driving a massive investment to
battery storages, and reinforcement learning (RL) has recently emerged as a potentially …

Distributional reinforcement learning-based energy arbitrage strategies in imbalance settlement mechanism

SSK Madahi, B Claessens, C Develder - Journal of Energy Storage, 2024 - Elsevier
Growth in the penetration of renewable energy sources makes supply more uncertain and
leads to an increase in the system imbalance. This trend, together with the single imbalance …

Enhanced oblique decision tree enabled policy extraction for deep reinforcement learning in power system emergency control

Y Dai, Q Chen, J Zhang, X Wang, Y Chen, T Gao… - Electric Power Systems …, 2022 - Elsevier
Deep reinforcement learning (DRL) algorithms have successfully solved many challenging
problems in various power system control scenarios. However, their decision-making …

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 …

Modeling participation of storage units in electricity markets using multi-agent deep reinforcement learning

N Harder, A Weidlich, P Staudt - Proceedings of the 14th ACM …, 2023 - dl.acm.org
Modeling electricity markets realistically plays a crucial role for understanding complex
emerging market dynamics and guiding policy making. In systems with a high share of …