Title : ( Designing Optimal Bidding Curve in Electricity Pay-as-Bid Markets )
Authors: J. Khorasani , Habib Rajabi Mashhadi ,
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Abstract
Regarding the importance of the strategic bidding problem in wholesale energy markets, a method is proposed to design the optimal piece-wise bid function from the viewpoint of a generation company. In this paper, the bidding problem is formulated, assuming the market clearing price as a stochastic variable. The method is used to calculate the optimal bidding curve. A simple example is presented to show the technique of the paper.
Keywords
---
@inproceedings{paperid:1039304,
author = {J. Khorasani and Rajabi Mashhadi, Habib},
title = {Designing Optimal Bidding Curve in Electricity Pay-as-Bid Markets},
booktitle = {بیست و یکمین کنفرانس مهندسی برق ایران},
year = {2013},
location = {مشهد, IRAN},
keywords = {---},
}
%0 Conference Proceedings
%T Designing Optimal Bidding Curve in Electricity Pay-as-Bid Markets
%A J. Khorasani
%A Rajabi Mashhadi, Habib
%J بیست و یکمین کنفرانس مهندسی برق ایران
%D 2013
