Integrated day-ahead and intraday self-schedule bidding for energy storage systems using approximate dynamic programming
DOI10.1016/J.EJOR.2021.11.010zbMATH Open1506.90284OpenAlexW3211621401WikidataQ114184395 ScholiaQ114184395MaRDI QIDQ2140221FDOQ2140221
Authors: Benedikt Finnah, Jochen Gönsch, Florian Ziel 
Publication date: 20 May 2022
Published in: European Journal of Operational Research (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.ejor.2021.11.010
Recommendations
- Optimal hour-ahead bidding in the real-time electricity market with battery storage using approximate dynamic programming
- Sell or store? An ADP approach to marketing renewable energy
- Optimizing trading decisions for hydro storage systems using approximate dual dynamic programming
- Optimal bidding functions for renewable energies in sequential electricity markets
- Optimal bidding of a virtual power plant on the Spanish day-ahead and intraday market for electricity
OR in energybackwards approximate dynamic programmingelectricity price forecastmultiple sequential marketstrading for energy storage
Applications of mathematical programming (90C90) Dynamic programming (90C39) Stochastic programming (90C15)
Cites Work
- Short-term hydropower production planning by stochastic programming
- Bidding in sequential electricity markets: the Nordic case
- Optimizing trading decisions for hydro storage systems using approximate dual dynamic programming
- Energy contracts management by stochastic programming techniques
- Optimal energy commitments with storage and intermittent supply
- Stochastic dynamic programming approach to managing power system uncertainty with distributed storage
- Modeling time-dependent randomness in stochastic dual dynamic programming
- On optimal participation in the electricity markets of wind power plants with battery energy storage systems
- Sell or store? An ADP approach to marketing renewable energy
- Energy management for stationary electric energy storage systems: a systematic literature review
- A unified framework for stochastic optimization
- Optimal bidding of a virtual power plant on the Spanish day-ahead and intraday market for electricity
- Pricing American options by simulation using a stochastic mesh with optimized weights
- Benchmarking a scalable approximate dynamic programming algorithm for stochastic control of grid-level energy storage
Cited In (8)
- A sample robust optimal bidding model for a virtual power plant
- Heuristic decision rules for short-term trading of renewable energy with co-located energy storage
- Optimized ensemble value function approximation for dynamic programming
- Optimal hour-ahead bidding in the real-time electricity market with battery storage using approximate dynamic programming
- Sell or store? An ADP approach to marketing renewable energy
- Optimizing trading decisions for hydro storage systems using approximate dual dynamic programming
- Day-ahead strategic bidding for advanced adiabatic compressed air energy storage plant: a Stackelberg game approach
- A common shock model for multidimensional electricity intraday price modelling with application to battery valuation
This page was built for publication: Integrated day-ahead and intraday self-schedule bidding for energy storage systems using approximate dynamic programming
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2140221)
