Modeling methods for GenCo bidding strategy optimization in the liberalized electricity spot market–A state-of-the-art review
The electricity market has since 1980s been gradually evolving from a monopoly market into
a liberalized one for encouraging competition and improving efficiency. This brings the …
a liberalized one for encouraging competition and improving efficiency. This brings the …
Blockchain-based peer-to-peer transactive energy system for community microgrid with demand response management
Interest in transactive energy frameworks (TEFs) is proliferating due to the modern smart grid
paradigm. This paper proposes a TEF, which applies auction-theory, incorporates a system …
paradigm. This paper proposes a TEF, which applies auction-theory, incorporates a system …
Optimal demand bidding for time-shiftable loads
H Mohsenian-Rad - IEEE Transactions on Power Systems, 2014 - ieeexplore.ieee.org
Time-shiftable loads have recently received an increasing attention due to their role in
creating load flexibility and enhancing demand response and peak-load shaving programs …
creating load flexibility and enhancing demand response and peak-load shaving programs …
Energy bidding strategies for restructured electricity market
M Prabavathi, R Gnanadass - International Journal of Electrical Power & …, 2015 - Elsevier
Many countries around the world have changed the economics of their electricity markets
from monopolies to oligopolies in an effort to increase competition. The restructured …
from monopolies to oligopolies in an effort to increase competition. The restructured …
Double auction with hidden user information: Application to energy transaction in microgrid
MN Faqiry, S Das - IEEE Transactions on Systems, Man, and …, 2018 - ieeexplore.ieee.org
In this paper, a general-purpose double auction mechanism that is specifically relevant for
energy transactions among competing buyers and sellers, ie, agents, in a microgrid has …
energy transactions among competing buyers and sellers, ie, agents, in a microgrid has …
Optimal use of thermal energy storage resources in commercial buildings through price-based demand response considering distribution network operation
Energy storage resources (ESRs) inherent in building structures are a viable, attractive
option to improve power system operation by providing demand-side flexibility. This paper …
option to improve power system operation by providing demand-side flexibility. This paper …
A hybrid approach based on IGDT–MPSO method for optimal bidding strategy of price-taker generation station in day-ahead electricity market
This paper considers a price-taker generation station producer that participates in a day-
ahead market. The producer behaves as a price-taker participant in the day-ahead electricity …
ahead market. The producer behaves as a price-taker participant in the day-ahead electricity …
Multi-market energy procurement for a large consumer using a risk-aversion procedure
This paper provides a technique to derive the bidding strategy in the day-ahead market of a
large consumer that procures its electricity demand in both the day-ahead market and a …
large consumer that procures its electricity demand in both the day-ahead market and a …
Strategic bidding in electricity markets using particle swarm optimization
Profit maximization for power companies is highly related to the bidding strategies used. In
order to sell electricity at high prices and maximize profit, power companies need suitable …
order to sell electricity at high prices and maximize profit, power companies need suitable …
A review on bidding strategies and market power in a competitive energy market
To encourage competition and getting better efficiency, various countries all over the globe
changed their economics of electricity from monopolies to perfect competition. Competition …
changed their economics of electricity from monopolies to perfect competition. Competition …