Attentive Convolutional Deep Reinforcement Learning for Optimizing Solar-Storage Systems in Real-Time Electricity Markets
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Abstract (arXiv)
This paper studies the synergy of solar-battery energy storage system (BESS) and develops a viable strategy for the BESS to unlock its economic potential by serving as a backup to reduce solar curtailments while also participating in the electricity market. We model the real-time bidding of the solar-battery system as two Markov decision processes for the solar farm and the BESS, respectively. We develop a novel deep reinforcement learning (DRL) algorithm to solve the problem by leveraging attention mechanism (AC) and multi-grained feature convolution to process DRL input for better bidding decisions. Simulation results demonstrate that our AC-DRL outperforms two optimization-based and one DRL-based benchmarks by generating 23%, 20%, and 11% higher revenue, as well as improving curtailment responses. The excess solar generation can effectively charge the BESS to bid in the market, significantly reducing solar curtailments by 76% and creating synergy for the solar-battery system to be more viable.
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References · 7
- 2017Attention Is All You Needcited by 59,932
- 2018Soft Actor-Critic: Off-Policy Maximum Entropy Deep Reinforcement Learning with a Stochastic Actorcited by 4,635
- 2015Continuous control with deep reinforcement learningcited by 3,279
- 2018Addressing Function Approximation Error in Actor-Critic Methodscited by 2,302
- 2021A Learning-based Optimal Market Bidding Strategy for Price-Maker Energy Storagecited by 4
- 2022Deep Reinforcement Learning for Wind and Energy Storage Coordination in Wholesale Energy and Ancillary Service Marketscited by 2
- 2023Ensemble Nonlinear Model Predictive Control for Residential Solar-Battery Energy Managementcited by 2
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