Bidding Strategies of Power Suppliers in Electricity Market
It is an inexorable trend to introduce competition into generation and demand side of electricity market. For power suppliers, the most important is to optimize bidding strategies and reduce power transaction cost, so they can improve their marketing competitive capacity and obtain more profit. With a view to wholesale competition, this article studies the bidding strategies that are closely based on cost analysis. The cost analysis is accomplished on the basis of power purchase cost of power suppliers together with the prediction of the bidding price of competitors and other marketing factors. Last, the article sets up the power supplier bidding strategy optimization model with maximizing revenue in target function.
Wholesale competition market power suppliers bidding strategies
Yu Cheng Zhisen Yu
Electric and Electronic Engineering College of North China Electric Power University,Beijing 102206
国际会议
2008 China International Conference on Electricity Distribution (CICED 2008)(2008中国国际供电会议)
广州
英文
1-5
2008-12-10（万方平台首次上网日期，不代表论文的发表时间）