Related papers: Learning a local trading strategy: deep reinforcem…
Transmission expansion planning in electricity markets is tightly coupled with the strategic bidding behaviors of generation companies. This paper proposes a Reinforcement Learning (RL)-based co-optimization framework that simultaneously…
In response to global warming and energy shortages, there has been a significant shift towards integrating renewable energy sources, energy storage systems, and electric vehicles. Deploying electric vehicles within smart grids offers a…
Reinforcement learning has been found useful in solving optimal power flow (OPF) problems in electric power distribution systems. However, the use of largely model-free reinforcement learning algorithms that completely ignore the…
A collective flashing ratchet transports Brownian particles using a spatially periodic, asymmetric, and time-dependent on-off switchable potential. The net current of the particles in this system can be substantially increased by feedback…
Designing optimal controllers continues to be challenging as systems are becoming complex and are inherently nonlinear. The principal advantage of reinforcement learning (RL) is its ability to learn from the interaction with the environment…
Reinforcement learning (RL) is gaining attention by more and more researchers in quantitative finance as the agent-environment interaction framework is aligned with decision making process in many business problems. Most of the current…
Electrical grids are now much more complex due to the rapid integration of distributed generation and alternative energy sources, which makes forecasting grid stability with optimized control a crucial task for operators. Traditional…
Sequential intraday electricity trading allows photovoltaic (PV) operators to reduce imbalance settlement costs as forecasts improve throughout the day. Yet deployable trading policies must jointly handle forecast uncertainty, intraday…
The development of renewable energy generation empowers microgrids to generate electricity to supply itself and to trade the surplus on energy markets. To minimize the overall cost, a microgrid must determine how to schedule its energy…
The use of electric vehicles (EV) in the last mile is appealing from both sustainability and operational cost perspectives. In addition to the inherent cost efficiency of EVs, selling energy back to the grid during peak grid demand, is a…
Optimal execution is a sequential decision-making problem for cost-saving in algorithmic trading. Studies have found that reinforcement learning (RL) can help decide the order-splitting sizes. However, a problem remains unsolved: how to…
Deep reinforcement learning (RL) algorithms can learn complex policies to optimize agent operation over time. RL algorithms have shown promising results in solving complicated problems in recent years. However, their application on…
Reinforcement Learning (RL) applied to financial problems has been the subject of a lively area of research. The use of RL for optimal trading strategies that exploit latent information in the market is, to the best of our knowledge, not…
This paper is a study of reinforcement learning (RL) as an optimal-control strategy for control of nonlinear valves. It is evaluated against the PID (proportional-integral-derivative) strategy, using a unified framework. RL is an autonomous…
The ongoing transition to renewable energy is increasing the share of fluctuating power sources like wind and solar, raising power grid volatility and making grid operation increasingly complex and costly. In our prior work, we have…
A continuous rise in the penetration of renewable energy sources, along with the use of the single imbalance pricing, provides a new opportunity for balance responsible parties to reduce their cost through energy arbitrage in the imbalance…
Reinforcement Learning (RL) enables an intelligent agent to optimise its performance in a task by continuously taking action from an observed state and receiving a feedback from the environment in form of rewards. RL typically uses tables…
We adopt Deep Reinforcement Learning algorithms to design trading strategies for continuous futures contracts. Both discrete and continuous action spaces are considered and volatility scaling is incorporated to create reward functions which…
This paper presents a method for load balancing and dynamic pricing in electric vehicle (EV) charging networks, utilizing reinforcement learning (RL) to enhance network performance. The proposed framework integrates a pre-trained graph…
Generative models have made significant progress in synthesizing visual content, including images, videos, and 3D/4D structures. However, they are typically trained with surrogate objectives such as likelihood or reconstruction loss, which…