Application of Simulated Annealing Method in Strategic Bidding of Gencos
عنوان مقاله: Application of Simulated Annealing Method in Strategic Bidding of Gencos
شناسه ملی مقاله: PSC21_196
منتشر شده در بیست و یکمین کنفرانس بین المللی برق در سال 1385
شناسه ملی مقاله: PSC21_196
منتشر شده در بیست و یکمین کنفرانس بین المللی برق در سال 1385
مشخصات نویسندگان مقاله:
Soleymani - Sharif University of Technologyو Niroo Research Institute Tehran, Iran
Ranjbar - Sharif University of Technologyو Niroo Research Institute Tehran, Iran
Shirani - Niroo Research Institute Tehran, Iran
Marami - Niroo Research Institute Tehran, Iran
خلاصه مقاله:
Soleymani - Sharif University of Technologyو Niroo Research Institute Tehran, Iran
Ranjbar - Sharif University of Technologyو Niroo Research Institute Tehran, Iran
Shirani - Niroo Research Institute Tehran, Iran
Marami - Niroo Research Institute Tehran, Iran
This paper describes a new method that uses Simulated Annealing (SA) method for analyzing the competition among Generating Companies (Gencos) where they have incomplete information about their opponents. Each Genco models its opponents with their generating cost coefficients. The proposed methodology employs the Supply Function Equilibrium (SFE) for modeling a Genco’s bidding strategy. Gencos
change their bidding strategies until Nash equilibrium points are obtained. Nash equilibrium constitutes a central solution concept in game theory. The task of detecting the Nash equilibria of a finite strategic game remains a challenging up-to-date. This paper uses SA to compute Nash equilibria strategies of Gencos and then the obtained results are compared with another computational intelligence technique (Genetic Algorithm) and a mathematical method (GAMS/DICOPT).
کلمات کلیدی: Energy Market, Deregulation, Nash Equilibrium Point, Optimal Bidding Strategy, Simulated Annealing
صفحه اختصاصی مقاله و دریافت فایل کامل: https://civilica.com/doc/19780/