{"id":"https://openalex.org/W2034833307","doi":"https://doi.org/10.1109/smartgridcomm.2014.7007733","title":"Optimal energy trading with battery energy storage under dynamic pricing","display_name":"Optimal energy trading with battery energy storage under dynamic pricing","publication_year":2014,"publication_date":"2014-11-01","ids":{"openalex":"https://openalex.org/W2034833307","doi":"https://doi.org/10.1109/smartgridcomm.2014.7007733","mag":"2034833307"},"language":"en","primary_location":{"id":"doi:10.1109/smartgridcomm.2014.7007733","is_oa":false,"landing_page_url":"https://doi.org/10.1109/smartgridcomm.2014.7007733","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 IEEE International Conference on Smart Grid Communications (SmartGridComm)","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5047753222","display_name":"Xiaoqi Tan","orcid":"https://orcid.org/0000-0002-5339-3245"},"institutions":[{"id":"https://openalex.org/I200769079","display_name":"Hong Kong University of Science and Technology","ror":"https://ror.org/00q4vv597","country_code":"HK","type":"education","lineage":["https://openalex.org/I200769079"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"Xiaoqi Tan","raw_affiliation_strings":["Department of Electronic and Computer Engineering, Hong Kong University of Science and Technology, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electronic and Computer Engineering, Hong Kong University of Science and Technology, Hong Kong","institution_ids":["https://openalex.org/I200769079"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5009949980","display_name":"Yuan Wu","orcid":"https://orcid.org/0000-0002-2777-7915"},"institutions":[{"id":"https://openalex.org/I55712492","display_name":"Zhejiang University of Technology","ror":"https://ror.org/02djqfd08","country_code":"CN","type":"education","lineage":["https://openalex.org/I55712492"]},{"id":"https://openalex.org/I881766915","display_name":"Nanjing University","ror":"https://ror.org/01rxvg760","country_code":"CN","type":"education","lineage":["https://openalex.org/I881766915"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yuan Wu","raw_affiliation_strings":["College of Information Engineering, Zhejiang University of Technology, Hangzhou, China","State Key Laboratory for Novel Software Technology, Nanjing University, Nanjing, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"College of Information Engineering, Zhejiang University of Technology, Hangzhou, China","institution_ids":["https://openalex.org/I55712492"]},{"raw_affiliation_string":"State Key Laboratory for Novel Software Technology, Nanjing University, Nanjing, China","institution_ids":["https://openalex.org/I881766915"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5040138091","display_name":"Danny H. K. Tsang","orcid":"https://orcid.org/0000-0003-0135-7098"},"institutions":[{"id":"https://openalex.org/I200769079","display_name":"Hong Kong University of Science and Technology","ror":"https://ror.org/00q4vv597","country_code":"HK","type":"education","lineage":["https://openalex.org/I200769079"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"Danny H. K. Tsang","raw_affiliation_strings":["Department of Electronic and Computer Engineering, Hong Kong University of Science and Technology, Hong Kong"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electronic and Computer Engineering, Hong Kong University of Science and Technology, Hong Kong","institution_ids":["https://openalex.org/I200769079"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":7,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"722","last_page":"727"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10768","display_name":"Electric Vehicles and Infrastructure","score":0.9976000189781189,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10223","display_name":"Microgrid Control and Optimization","score":0.996399998664856,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.6970722675323486},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.6855480670928955},{"id":"https://openalex.org/keywords/dynamic-programming","display_name":"Dynamic programming","score":0.6532279849052429},{"id":"https://openalex.org/keywords/arbitrage","display_name":"Arbitrage","score":0.5492812991142273},{"id":"https://openalex.org/keywords/curse-of-dimensionality","display_name":"Curse of dimensionality","score":0.5077853798866272},{"id":"https://openalex.org/keywords/convergence","display_name":"Convergence (economics)","score":0.4889792203903198},{"id":"https://openalex.org/keywords/stochastic-programming","display_name":"Stochastic programming","score":0.4483892321586609},{"id":"https://openalex.org/keywords/algorithm","display_name":"Algorithm","score":0.19755220413208008},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.14589297771453857},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.0816587507724762}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.6970722675323486},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.6855480670928955},{"id":"https://openalex.org/C37404715","wikidata":"https://www.wikidata.org/wiki/Q380679","display_name":"Dynamic programming","level":2,"score":0.6532279849052429},{"id":"https://openalex.org/C160623529","wikidata":"https://www.wikidata.org/wiki/Q273088","display_name":"Arbitrage","level":2,"score":0.5492812991142273},{"id":"https://openalex.org/C111030470","wikidata":"https://www.wikidata.org/wiki/Q1430460","display_name":"Curse of dimensionality","level":2,"score":0.5077853798866272},{"id":"https://openalex.org/C2777303404","wikidata":"https://www.wikidata.org/wiki/Q759757","display_name":"Convergence (economics)","level":2,"score":0.4889792203903198},{"id":"https://openalex.org/C137631369","wikidata":"https://www.wikidata.org/wiki/Q7617831","display_name":"Stochastic programming","level":2,"score":0.4483892321586609},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.19755220413208008},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.14589297771453857},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.0816587507724762},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/smartgridcomm.2014.7007733","is_oa":false,"landing_page_url":"https://doi.org/10.1109/smartgridcomm.2014.7007733","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2014 IEEE International Conference on Smart Grid Communications (SmartGridComm)","raw_type":"proceedings-article"},{"id":"pmh:oai:repository.hkust.edu.hk:1783.1-66114","is_oa":false,"landing_page_url":"https://repository.hkust.edu.hk/ir/Record/1783.1-66114","pdf_url":null,"source":{"id":"https://openalex.org/S4306401796","display_name":"Rare & Special e-Zone (The Hong Kong University of Science and Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I200769079","host_organization_name":"Hong Kong University of Science and Technology","host_organization_lineage":["https://openalex.org/I200769079"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Conference paper"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/7","score":0.8199999928474426,"display_name":"Affordable and clean energy"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":11,"referenced_works":["https://openalex.org/W169354537","https://openalex.org/W1597560637","https://openalex.org/W1967196371","https://openalex.org/W2005318779","https://openalex.org/W2007336428","https://openalex.org/W2071214323","https://openalex.org/W2098432798","https://openalex.org/W2140281103","https://openalex.org/W2147153526","https://openalex.org/W2949962760","https://openalex.org/W6606946561"],"related_works":["https://openalex.org/W175006096","https://openalex.org/W2086136595","https://openalex.org/W1974665964","https://openalex.org/W1518635954","https://openalex.org/W3092334672","https://openalex.org/W2599556035","https://openalex.org/W1590308505","https://openalex.org/W2150542653","https://openalex.org/W3116776104","https://openalex.org/W2058868784"],"abstract_inverted_index":{"This":[0],"paper":[1,51],"proposes":[2],"a":[3,19,87,97,136],"mathematical":[4],"framework":[5],"for":[6,122,188],"finding":[7,28,62],"the":[8,29,49,57,63,72,80,84,92,120,127,132,145,148,160,166,178,181],"optimal":[9,64,81,107],"energy":[10,15],"trading":[11,108,186],"policy":[12,82],"with":[13,34],"battery":[14],"storage":[16],"(BES)":[17],"under":[18],"dynamic":[20],"pricing":[21],"environment.":[22],"We":[23],"have":[24,192],"previously":[25],"shown":[26],"that":[27,154],"arbitrage":[30],"value":[31,66,124],"of":[32,48,67,74,86,112,119,180],"BES":[33,69,190],"known":[35],"historical":[36],"price":[37,58],"data":[38],"can":[39,157],"be":[40],"solved":[41],"by":[42],"iterative":[43],"linear":[44],"programming.":[45],"The":[46,110],"objective":[47],"present":[50],"is":[52],"to":[53,105,147,165],"show":[54,153],"that,":[55],"when":[56],"information":[59],"remains":[60],"unknown,":[61],"economic":[65],"lifetime-constrained":[68],"falls":[70],"within":[71],"purview":[73],"stochastic":[75],"shortest":[76],"path":[77],"problems,":[78],"and":[79,103,138,184],"presents":[83],"property":[85],"threshold":[88],"structure.":[89],"To":[90],"overcome":[91],"dimensionality":[93],"difficulty,":[94],"we":[95],"propose":[96],"structure-based":[98],"aggregation":[99],"method,":[100],"i.e.,":[101],"Layer":[102],"Group,":[104],"construct":[106],"policies.":[109],"elegance":[111],"this":[113,155],"approach":[114,133,156],"lies":[115],"in":[116,135],"its":[117],"circumventing":[118],"need":[121],"exhausted":[123],"iteration":[125],"over":[126],"entire":[128],"state":[129],"space.":[130],"Instead,":[131],"works":[134],"hierarchical":[137],"parallel":[139],"fashion,":[140],"thus":[141,163],"significantly":[142],"speeding":[143],"up":[144],"convergence":[146],"optimality.":[149],"Extensive":[150],"experimental":[151],"results":[152],"dramatically":[158],"reduce":[159],"computational":[161],"complexity,":[162],"contributing":[164],"computationally":[167],"tractable":[168],"optimality":[169],"without":[170],"requiring":[171],"any":[172],"approximation.":[173],"Numerical":[174],"simulation":[175],"also":[176],"demonstrates":[177],"validity":[179],"proposed":[182],"framework,":[183],"various":[185],"insights":[187],"practical":[189],"systems":[191],"been":[193],"formed.":[194]},"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":3}],"updated_date":"2026-07-14T23:27:15.235271","created_date":"2025-10-10T00:00:00"}