April 8, 2024, 4:42 a.m. | Kode Creer, Imitiaz Parvez

cs.LG updates on arXiv.org arxiv.org

arXiv:2404.03888v1 Announce Type: new
Abstract: In the smart grid, the prosumers can sell unused electricity back to the power grid, assuming the prosumers own renewable energy sources and storage units. The maximizing of their profits under a dynamic electricity market is a problem that requires intelligent planning. To address this, we propose a framework based on Proximal Policy Optimization (PPO) using recurrent rewards. By using the information about the rewards modeled effectively with PPO to maximize our objective, we were …

abstract arxiv cs.ai cs.lg dynamic electricity energy grid home intelligent management market optimization planning policy power profits renewable smart solar storage type units

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