Optimizing Trading Decisions for Hydro Storage Systems using Approximate Dual Dynamic Programming
We propose a new approach to optimize operations of hydro storage systems with multiple connected reservoirs whose operators participate in wholesale electricity markets. Our formulation integrates short-term intraday with long-term interday decisions. The intraday problem considers bidding decision...
| Main Authors: | , , |
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| Format: | Others |
| Language: | en |
| Published: |
INFORMS
2013
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| Subjects: | |
| Online Access: | http://epub.wu.ac.at/4041/1/or_addp_FINAL.pdf http://dx.doi.org/10.1287/opre.2013.1182 |