A Risk-Based Bidding Strategy in an Electricity Multimarket
عنوان مقاله: A Risk-Based Bidding Strategy in an Electricity Multimarket
شناسه ملی مقاله: ICEE19_353
منتشر شده در نوزدهمین کنفرانس مهندسی برق ایران در سال 1390
شناسه ملی مقاله: ICEE19_353
منتشر شده در نوزدهمین کنفرانس مهندسی برق ایران در سال 1390
مشخصات نویسندگان مقاله:
Javid Khorasani - Bojnourd Branch, Islamic Azad University, Bojnourd, Iran
Habib Rajabi Mashhadi - Ferdowsi University of Mashhad, Mashhad, Iran
خلاصه مقاله:
Javid Khorasani - Bojnourd Branch, Islamic Azad University, Bojnourd, Iran
Habib Rajabi Mashhadi - Ferdowsi University of Mashhad, Mashhad, Iran
In this paper, a risk-based bidding strategy is proposed for a generation company, who want to participate in an electricity multimarket as a price-taker. Due to interaction between energy and reserve markets, bidding in a joint energy and reserve market is a challenging problem. A previously only-energy presented method is generalized in order to design the bid functions and to calculate the optimal bidding parameters in a pay-as-bid pricing mechanism. The effect of cost and risk-aversion degree of generating companies and correlation value between energy and reserve market clearing prices is analyzed.
کلمات کلیدی: bidding strategy, electricity market, multimarket
صفحه اختصاصی مقاله و دریافت فایل کامل: https://civilica.com/doc/153926/