Optimal Bidding Strategy in Deregulated Power Market Using Invasive Weed Optimization

2018 ◽  
pp. 421-429
Author(s):  
A. V. V. Sudhakar ◽  
Chandram Karri ◽  
A. Jaya Laxmi
Keyword(s):  
Power Market ◽  
Bidding Strategy ◽  
Invasive Weed Optimization ◽  
Invasive Weed ◽  
Optimal Bidding

scholarly journals Combined Bidding Strategy of Multi-owner Cascaded Hydropower Stations in Day-Ahead Market

2018 ◽  
Vol 246 ◽  
pp. 02036 ◽  
Author(s):  
Ying Yang ◽  
Weibin Huang ◽  
Guangwen Ma ◽  
Shijun Chen ◽  
Gang Liu ◽  
...  
Keyword(s):  
Electricity Market ◽  
Power Market ◽  
Bidding Strategy ◽  
Competitive Advantages ◽  
Bidding Strategies ◽  
Cascade Hydropower Stations ◽  
The Game Theory ◽  
Optimal Bidding ◽  
Hydropower Stations ◽  
Operation Characteristics

Under the background of the electricity market reform, if the multi-owner cascade hydropower stations bid separately, the overall competitive advantages of river basin cannot be exerted, and the overall benefits cannot achieve the maximization. Based on the operation characteristics of cascade hydropower stations and the rule of competitive bidding, this paper established a bi-level optimal model for bidding game in day-ahead market, and used the Nash equilibrium principle of the game theory and genetic algorithm to solve this model, the optimal bidding strategies of the multi-owner cascade hydropower stations have been solved under the circumstances of bidding by oneself and alliance. The results from the calculating examples showed that the unified price declaration of the multi-owner cascade hydropower stations in day-ahead market can improve the overall and individual generation efficiency, and proved the effectiveness and feasibility of the combined bidding strategy in power market.

Optimal Bidding Strategy for Power Market Based on Improved World Cup Optimization Algorithm

2020 ◽  
pp. 137-152
Author(s):  
Navid Razmjooy ◽  
Anand Deshpande ◽  
Mohsen Khalilpour ◽  
Vania V. Estrela ◽  
Reinaldo Padilha ◽  
...  
Keyword(s):  
Optimization Algorithm ◽  
Power Market ◽  
Bidding Strategy ◽  
World Cup ◽  
Optimal Bidding
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