• DocumentCode
    3360074
  • Title

    Strategic Bidding Model for Power Generation Company Based on Repast Platform

  • Author

    Zhigang Zhang ; Guangwen Ma

  • Author_Institution
    Center of Energy Dev. Res., Sichuan Univ., Chengdu
  • fYear
    2009
  • fDate
    27-31 March 2009
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    The bidding strategies of power generations in the market are a dynamic and complex problem. It is difficult to analyze and computer with the traditional mathematical methods, which is conspicuous in the middle or long-term transactions. This paper proposes a model, it is the middle or long-term bidding strategy in two-tiers electricity market that is based on the optimal power flow (OPF) . Uncertainties in the outside world are regarded as the agent (Agent) of "external environment." Under this conditions, Agent through environment evaluation judges to select viable strategic. Through learning from experiences and opponent\´s behaviors, Agent guides the purpose of the best production. The adaptability and superiority of this model is tested based on repast with a standard IEEE-5 bus 6 notes test system.
  • Keywords
    learning (artificial intelligence); multi-agent systems; power engineering computing; power generation economics; power markets; IEEE-5 bus 6 notes test system; multiagent system; optimal power flow; power generation company; power market; reinforcement learning; repast platform; strategic bidding model; Biological system modeling; Computational modeling; Electricity supply industry; Graphical user interfaces; Libraries; Load flow; Object oriented modeling; Power generation; Pricing; Production;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Power and Energy Engineering Conference, 2009. APPEEC 2009. Asia-Pacific
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-2486-3
  • Electronic_ISBN
    978-1-4244-2487-0
  • Type

    conf

  • DOI
    10.1109/APPEEC.2009.4918782
  • Filename
    4918782