Title :
A cluster analysis of power producer´s bidding using average electricity price difference-integration model
Author :
Hao, Zhou ; Jianhua, Chen ; Zhenxiang, Han ; Dongming, Wang ; Weizhen, Sun
Author_Institution :
Dept. of Electr. Eng.,, Zhejiang Univ., China
Abstract :
An average electricity price difference-integration model is proposed in this paper. This model can transform the unit´s biding curve of power producer in market into an one-dimensional feature vector which can reflect the change of bidding curve quite conformably, so can implement classification of unit´s biding using cluster analysis. Through clustering calculation of bidding curve from Zhejiang electricity market, it is shown that bidding curve can be classified accurately and efficiently using 20-segment model and square sum of deviations.
Keywords :
integration; power markets; pricing; statistical analysis; 20-segment model; average electricity price difference-integration model; biding curve; cluster analysis; one-dimensional feature vector; power producer; square sum of deviations; Data conversion; Electricity supply industry; Energy conversion; Game theory; Genetic algorithms; Oligopoly; Power generation economics; Power system economics; Space technology; Sun;
Conference_Titel :
Electric Utility Deregulation, Restructuring and Power Technologies, 2004. (DRPT 2004). Proceedings of the 2004 IEEE International Conference on
Print_ISBN :
0-7803-8237-4
DOI :
10.1109/DRPT.2004.1338506
