Search Results for author: Bolun Xu

Found 9 papers, 1 papers with code

Economic Capacity Withholding Bounds of Competitive Energy Storage Bidders

no code implementations8 Mar 2024 Xin Qin, Ioannis Lestas, Bolun Xu

This paper derives a theoretical framework to study the economic capacity withholding behavior of storage participating in competitive electricity markets and validate our results in simulations based on the ISO New England system.

Equitable Time-Varying Pricing Tariff Design: A Joint Learning and Optimization Approach

no code implementations26 Jul 2023 Liudong Chen, Bolun Xu

Simulation using real-world consumer data shows that our equitable tariffs protect low-income consumers from price surges while effectively motivating consumers to reduce peak demand.

Predicting Strategic Energy Storage Behaviors

1 code implementation20 Jun 2023 Yuexin Bian, Ningkun Zheng, Yang Zheng, Bolun Xu, Yuanyuan Shi

Energy storage are strategic participants in electricity markets to arbitrage price differences.

Vehicle-to-Grid Fleet Service Provision considering Nonlinear Battery Behaviors

no code implementations28 Jan 2023 Joshua Jaworski, Ningkun Zheng, Matthias Preindl, Bolun Xu

We incorporate nonlinear battery models and price uncertainty into the V2G management design to provide a realistic estimation of cost savings from different V2G options.

Management

Transferable Energy Storage Bidder

no code implementations2 Jan 2023 Yousuf Baker, Ningkun Zheng, Bolun Xu

We also test a transfer learning approach by pre-training the bidding model using New York data and applying it to arbitrage in Queensland, Australia.

Transfer Learning

Energy Storage Price Arbitrage via Opportunity Value Function Prediction

no code implementations14 Nov 2022 Ningkun Zheng, Xiaoxiang Liu, Bolun Xu, Yuanyuan Shi

This paper proposes a novel energy storage price arbitrage algorithm combining supervised learning with dynamic programming.

Energy Storage State-of-Charge Market Model

no code implementations14 Jul 2022 Ningkun Zheng, Xin Qin, Di wu, Gabe Murtaugh, Bolun Xu

Combined with an optimal bidding design algorithm using dynamic programming, our paper shows that the SoC segment market model provides more accurate representations of the opportunity costs of energy storage compared to existing power-based bidding models.

End-to-End Demand Response Model Identification and Baseline Estimation with Deep Learning

no code implementations2 Sep 2021 Yuanyuan Shi, Bolun Xu

This paper proposes a novel end-to-end deep learning framework that simultaneously identifies demand baselines and the incentive-based agent demand response model, from the net demand measurements and incentive signals.

Decision Making

Bounding Regression Errors in Data-driven Power Grid Steady-state Models

no code implementations30 Oct 2019 Yuxiao Liu, Bolun Xu, Audun Botterud, Ning Zhang, Chongqing Kang

Results identify how the bounds decrease with additional power grid physical knowledge or more training data.

regression

Cannot find the paper you are looking for? You can Submit a new open access paper.