Sequential decision-making strategy for a demand response aggregator in a two-settlement electricity market
Sequential decision-making strategy for a demand response aggregator in a two-settlement electricity market
F. Ruelens,B. Claessens,R. Belmans,Geert Deconinck
2016 · DOI: 10.1109/ECC.2016.7810457
European Control Conference · 6 Citations
TLDR
A novel sequential decisionmaking strategy for a demand response aggregator that participates in the day-ahead market and reacts to imbalance prices is proposed using a cross-entropy method with a simulation-based approximate policy iteration algorithm nested inside.