ASSUME Bid Lifecycle

LOOP SIMULATOR
PHASE I: FORECAST & STRATEGY FORMULATION PHASE II: CLEARING, EVALUATION & STATE UPDATE TELEMETRY FORECAST ACTION ORDERS CLEARING REWARD UPDATE STATE ACTUALS FEEDBACK PHYSICAL UNIT [ASSETS & CAPACITIES] FORECASTER [LOAD & PRICE MODEL] STRATEGY [RULE-BASED] ORDER GENERATION [BID BUILDER] MARKET CLEARING [EXCHANGE / LMP] SETTLEMENT RESULT [REVENUE & DISPATCH] LEARNING UPDATE [POLICY OPTIMIZER] NEXT-ROUND STATE [STATE VECTOR s_t+1]
PHYSICAL UNIT
STEP 1 / 8
Monitors asset health, operational parameters, and physical constraints (e.g., ramp limits, minimum uptime, state-of-charge).
INPUT: Real-time telemetry, state limits OUTPUT: Available capacity & physical bounds