Distributed Shadow Dynamic Consensus Optimization Framework for Power Market with Parameterization Bidding Strategy of GENCOs

Article Engineering, Electrical & Electronic

Agent based simulation of centralized electricity transaction market using bi-level and Q-learning algorithm approach

Ellen Namalomba et al.

Summary: This study examines the strategic pricing and bidding behavior of generation and electricity selling enterprises in double-sided auctions of centralized electricity transaction market with elastic demand using Q-learning algorithm. The simulation results show significant reduction in energy transaction price with flexible consumers participating in electricity market auctions, boosting consumer savings.

INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS (2022)

添加到收藏夹

Article Engineering, Electrical & Electronic

Virtual-Action-Based Coordinated Reinforcement Learning for Distributed Economic Dispatch

Dewen Li et al.

Summary: The study presents a unified distributed RL solution for both static and dynamic economic dispatch problems, using a projection method to generate feasible actual actions. Distributed Hysteretic Q-learning coordinates agents effectively, while the algorithm handles continuous action space and power loads without using function approximations. Theoretical analysis and comparative simulation studies demonstrate the algorithm's convergence and optimality.

IEEE TRANSACTIONS ON POWER SYSTEMS (2021)

添加到收藏夹

Article Energy & Fuels

Congestion management using multi-objective hybrid DE-PSO optimization with solar-ess based distributed generation in deregulated power Market

Divya Asija et al.

Summary: This paper discusses the issue of transmission congestion in deregulated power systems and proposes the use of Distributed Generators for congestion management. By optimizing the placement and sizing of DGs within a 24-hour time frame, as well as utilizing solar PV and energy storage systems, the overall system efficiency can be enhanced. The hybrid optimization technique outperforms the PSO optimization technique in managing resources and congestion problems within the network for the 24-hour time frame.

RENEWABLE ENERGY FOCUS (2021)

添加到收藏夹

Article Engineering, Electrical & Electronic