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IEEE Transactions on Industrial Informatics
Article . 2024 . Peer-reviewed
License: IEEE Copyright
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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
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Article . 2024
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Price-Matching-Based Regional Energy Market With Hierarchical Reinforcement Learning Algorithm

Authors: Ning Zhang; Juan Yan; Cungang Hu; Qiuye Sun; Lingxiao Yang; David Wenzhong Gao; Josep M. Guerrero; +1 Authors

Price-Matching-Based Regional Energy Market With Hierarchical Reinforcement Learning Algorithm

Abstract

This article proposes a multienergy trading market model based on price matching, aiming to foster multienergy collaboration and enhance energy utilization through individual participation. With the ongoing advancements in energy distribution and marketization, the energy Internet necessitates improved applicability and efficiency for personalized energy responses. To address these requirements, a multienergy trading market model is proposed, which enables the avoidance of user information disclosure and guarantees user trading autonomy. In addition, a joint trading mechanism is designed that accounts for multiple time scales and energy types, consequently reducing trading failures caused by overlooking energy transmission processes. By performing the proposed trading mechanism, the market operator can match various energy types using conversion devices, thereby augmenting matching efficiency. An income mechanism is also established to deter the operator from purposefully evading potential trading opportunities for personal gain. To address the proposed model, an improved hierarchical reinforcement learning algorithm is employed, which effectively overcomes challenges associated with large state action spaces and sparse rewards. Numerical examples are provided to confirm the efficacy of the proposed approach.

Country
Denmark
Keywords

Energy Internet, Load modeling, Informatics, multienergy trading, Energy conversion, Electricity, regional energy market, Reinforcement learning, Couplings, Resistance heating, hierarchical reinforcement learning

  • BIP!
    Impact byBIP!
    citations
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    6
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Top 10%
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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
6
Average
Average
Top 10%