Development of Reinforcement Learning Algorithm to Study the Capacity Withholding in Electricity Energy Markets
This paper addresses the possibility of capacity withholding by energy producers, who seek to increase the market price and their own profits. The energy market is simulated as an iterative game, where each state game corresponds to an hourly energy auction with uniform pricing mechanism. The produc...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Iran University of Science and Technology
2016-03-01
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| Series: | Iranian Journal of Electrical and Electronic Engineering |
| Subjects: | |
| Online Access: | http://ijeee.iust.ac.ir/browse.php?a_code=A-10-515-12&slc_lang=en&sid=1 |