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GENERATOR BIDDING STRATEGIES IN A COMPETITIVE ELECTRICITY MARKET WITH DERATING AND BID-SEGMENT CONSIDERATIONS
N. Lu, J.H. Chow, and A.A. Desrochers
References
[1] A.K. David, Competitive bidding in electricity supply, IEEProceedings-C, 140(5), 1993.
[2] G. Gross, D.J. Finlay, & G. Deltas, Strategic bidding inelectricity generation supply market, Proc. 1999 Winter PowerMeeting, 1, New York, NY, 1999, 309–315.
[3] S. Hao, A study of basic bidding strategy in clearing priceauctions, Proc. 1999 PICA, 1999, 55–60.
[4] J.B. Park, B.H. Kim, J.H. Kim, M.H. Jung, & J.K. Park,A continuous strategy game for power transactions analysisin competitive electricity markets, IEEE Trans. on PowerSystems, 16, 2001, 847–855.
[5] N. Lu, J.H. Chow, & A.A. Desrochers, Generator biddingstrategies in a competitive deregulated market accounting foravailability and bid segments, VIII Symposium of Specialists inElectric Operational and Expansion Planning, Brasilia, Brazil,2002.
[6] A.J. Wood & B. F. Wollenberg, Power generation, operation,and control, 2nd ed (John Wiley, 1996).
[7] NYISO, Market Participant User Guide, 1 June, 2001 availableat http://www.nyiso.com/services/documents/manuals/pdf/admin manuals/mpug 206 2001 version.pdf.
[8] D. Gan & Q. Chen, locational marginal pricing – New EnglandPerspective, Proc. 2001 Winter Power Meeting, 1, Columbus,OH, 2001, 169–173.
[9] R. Green & D.M. Newbery, competition in the British electricityspot market, Journal of Political Economy, 100(6), 1989.
[10] A.K. David & F. Wen, Market power in electricity supply,Proc. of 2002 Power Engineering Society Winter Meeting, 1,New York, NY, 2002, 452–457.
[11] FERC Docket No. RM01-12-000, Standard Electricity MarketDesign, 2002.
[12] NY ISO website, http://www.nyiso.com.179
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Abstract
DOI:
10.2316/Journal.203.2009.3.203-3590
From Journal
(203) International Journal of Power and Energy Systems - 2009
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