GENCO Optimal Bidding Strategy and Profit based Unit Commitment using Evolutionary Particle Swarm Optimization Illustrating the Effect of GENCO Market Power

نویسندگان
چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Optimal Bidding Strategy for GENCO with Green Power in Day-ahead Electricity Market

The electricity market has evolved from a regulated monopoly to a more liberalized competitive market, which allows a generating company (GENCO) to bid to provide energy. The two-period structure of the electricity market (day-ahead and real-time market) introduces a mechanism for determining the GENCO’s optimal bidding strategy. The difference between clearing prices for each period adds uncer...

متن کامل

Multi-objective bidding strategy for GenCo using non-dominated sorting particle swarm optimisation

This paper proposes a multi-objective bidding strategy for a generation company (GenCo) in a day-ahead uniform price spot market using non-dominated sorting particle swarm optimisation (NSPSO). NSPSO is introduced to solve the multi-objective strategic bidding problem considering expected profit maximisation and risk (profit variation) minimisation. Monte Carlo (MC) simulation is employed to si...

متن کامل

Optimal generation scheduling strategy for profit maximization of genco in deregulated power system

A GA based optimal generation scheduling strategy is developed to solve the profit maximization problem for GENCO in the day ahead market. It is a multi objective formulation that includes the forecasted demand, forecasted market clearing price, startup cost and profit functions, besides the generating limits and demand constraints. The proposed GA approach is investigated on three unit and ten...

متن کامل

Optimal Bidding Strategies for Generation Companies in a Day-Ahead Electricity Market with Risk Management Taken into Account

Problem statement: In a competitive electricity market with limited number of producers, Generation Companies (Gencos) is facing an oligopoly market rather than a perfect competition. Under oligopoly market environment, each Genco may increase its own profit through a favorable bidding strategy. The objective of a Genco is to maximize its profit and minimize the associated risk. In order to ach...

متن کامل

استراتژی قیمت‌دهی امنیت‌مقید نیروگاه‌ها بر مبنای تجزیه‌و‌تحلیل ریسک در بازار انحصار چند جانبه

In this paper, Generation Companies (GENCOs) bidding in wholesale electricity market is explained with considering the effect of transmission network and uncertainty about bidding strategy adopted by rival GENCOs. Due to oligopolistic restructured electricity market, economic model of supply function equilibrium is used for modeling GENCOs competing. In this competition, each GENCO is in search...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: International Journal of Electrical and Computer Engineering (IJECE)

سال: 2018

ISSN: 2088-8708,2088-8708

DOI: 10.11591/ijece.v8i4.pp1997-2013