Journal of Electrical Engineering ›› 2023, Vol. 18 ›› Issue (2): 192-200.doi: 10.11985/2023.02.019

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Research on Bidding Strategy of Power Generation Enterprise Based on DDPG Algorithm

MA Liying(), WEI Yunbing()   

  1. School of Electronic and Electrical Engineering, Shanghai University of Engineering Science, Shanghai 201620
  • Received:2022-08-31 Revised:2022-11-19 Online:2023-06-25 Published:2023-07-12

Abstract:

With the advantages of intelligent agent algorithm in solving the problem of agent quotation strategy in power generation enterprises, there are many relevant researches at domestic and abroad. Due to the immaturity of China’s power market, most of the researches are based on the foreign power market transaction mode, which does not accord with the actual situation of China’s power market transaction, so a medium-long term centralized bidding quotation model is put forward for domestic power market. This quotation model is based on deep deterministic policy gradient(DDPG) algorithm, a quotation strategy is proposed considering the maximization of total social utility and the income of power generation enterprises. The state space is established with the market environment and the situation of the power generation enterprise as the reference, and the market clearing model is established according to the unified marginal price. The feasibility of the model is verified by simulation examples, and the results are compared with those of Q-Learning algorithm. At the same time, the influence of the power generation enterprise’s own situation on the market clearing results of the quotation model and the enterprise income is also shown.

Key words: Electricity market, quotation strategy, reinforcement learning, DDPG algorithm

CLC Number: