Title :
GenCos´ strategic behavior monitoring on auction bidding based on state variables formulation
Author :
Gutierrez-Alcaraz, G. ; Ramos-Trujillo, Raul A.
Author_Institution :
Nat. Sun Yat-sen Univ., Kaohsiung, Taiwan
Abstract :
Generation companies (GenCos) are the key players in today´s electricity markets. Their interactions are particularly important in studying market dynamics, market power and decision-making. This paper proposes GenCos´ strategic behavior monitoring on auction bidding, based on state variables. The analysis is founded on the dynamic properties - observability and controllability - of market clearing price.
Keywords :
commerce; power markets; GenCos; auction bidding; electricity market; generation companies; state variable formulation; strategic behavior monitoring; Monitoring; Electricity Market; Market power;
Conference_Titel :
Power System Technology (POWERCON), 2010 International Conference on
Conference_Location :
Hangzhou
Print_ISBN :
978-1-4244-5938-4
DOI :
10.1109/POWERCON.2010.5666626
