Optimal offering strategies for generation companies operating in electricity spot markets

被引:126
作者
Baillo, A [1 ]
Ventosa, M [1 ]
Rivier, M [1 ]
Ramos, A [1 ]
机构
[1] Univ Pontificia Comillas Madrid, Sch Engn, Inst Invest Tecnol, Madrid 28015, Spain
关键词
electricity competition; market models; offering strategies; power generation scheduling;
D O I
10.1109/TPWRS.2003.821429
中图分类号
TM [电工技术]; TN [电子技术、通信技术];
学科分类号
0808 ; 0809 ;
摘要
An unprecedented process of reforms has shaken the power industry during the last two decades. In order to sell the energy produced by their plants, many generation companies are now forced to prepare and submit daily offers to an electricity market under uncertainty about the offers submitted by their rivals. In this paper, we describe a methodology to prepare optimal offers for a generation company operating in a day-ahead market organized as a series of 24 hourly uniform-price multiunit double auctions. We explicitly consider the ability of the company to affect the price of electricity as well as the company's uncertainty about rivals' behavior.
引用
收藏
页码:745 / 753
页数:9
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