Modeling of Collusion Behavior in the Electrical Market Based on Deep Deterministic Policy Gradient

Modeling of Collusion Behavior in the Electrical Market Based on Deep Deterministic Policy Gradient

The evolution of the electricity market has brought the issues of market equilibrium and collusion to the forefront of attention. This paper introduces the Deep Deterministic Policy Gradient (DDPG) algorithm on the IEEE three-bus electrical market model. Specifically, it simulates the behavior of ma...

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Bibliographic Details
Main Authors: Yifeng Liu, Jingpin Chen, Meng Chen, Zhongshi He, Ye Guo, Chenghan Li
Format: Article
Language:English
Published: MDPI AG 2024-11-01
Series:Energies
Subjects:
electricity market
market equilibrium
deep reinforcement learning
collusion
bidding strategy
Online Access:https://www.mdpi.com/1996-1073/17/22/5807
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