IEEE - Institute of Electrical and Electronics Engineers, Inc. - Optimal electricity supply bidding by Markov decision process

Author(s): H. Song ; C.-C. Liu ; J. Lawarree ; R.W. Dahlgren
Sponsor(s): IEEE Power Engineering Society
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 May 2000
Volume: 15
Page(s): 618 - 624
ISSN (Electronic): 1558-0679
ISSN (Paper): 0885-8950
DOI: 10.1109/59.867150
Regular:

The bidding decision making problem is studied from a supplier's viewpoint in a spot market environment. The decision-making problem is formulated as a Markov decision process-a discrete... View More

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