202 citations · 242 across the 14 of their papers we have counts for
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math.OC2014★ 1 cited
Optimal Hour-Ahead Bidding in the Real-Time Electricity Market with Battery Storage using Approximate Dynamic Programming
Daniel R. Jiang, Warren B. Powell
There is growing interest in the use of grid-level storage to smooth variations in supply that are likely to arise with increased use of wind and solar energy. Energy arbitrage, th…
math.OC2014★ 2 cited
An Approximate Dynamic Programming Algorithm for Monotone Value Functions
Daniel R. Jiang, Warren B. Powell
Many sequential decision problems can be formulated as Markov Decision Processes (MDPs) where the optimal value function (or cost-to-go function) can be shown to satisfy a monotone…