• DocumentCode
    354073
  • Title

    Bid mechanism and sensitivity for deregulated power markets

  • Author

    Liu, Ya ; Guan, Xiaohong ; Lai, Fei ; Feng Go

  • Author_Institution
    Xi´´an Jiaotong Univ., China
  • Volume
    3
  • fYear
    2000
  • fDate
    2000
  • Firstpage
    2076
  • Abstract
    Sensitivity analysis for electric power markets is very important since it can provide useful information for designing bidding strategies. By analysis of the market mechanism, a model is developed in the paper to calculate the deviation of the market clearing price due to changes of bid curves. Numerical test results show that the model can catch market price deviation and is useful for optimizing bidding strategy
  • Keywords
    electricity supply industry; power system economics; sensitivity analysis; bid mechanism; bidding strategies; deregulated power markets; electric power markets; market clearing price; market mechanism; market price deviation; Power markets; Testing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Intelligent Control and Automation, 2000. Proceedings of the 3rd World Congress on
  • Conference_Location
    Hefei
  • Print_ISBN
    0-7803-5995-X
  • Type

    conf

  • DOI
    10.1109/WCICA.2000.862964
  • Filename
    862964
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=354073