Ghaffari, Sokoufeh

[ 1 ] - A method to calculate the acceptance probability and risk of rejection of bid prices on the electricity market

After restructuring, Iran’s electricity market has become one of the most competitive markets in which generation companies offer their proposed price on several price benches. So, the decisions in this market can use statistical concepts. In this paper, a conceptual model is presented according to simultaneous analysis of probabilistic distribution for historical data of market clearing price ...