Generator bidding strategies in a competitive electricity market with derating and bid-segment considerations

被引:0
作者
Lu, N. [1 ]
Chow, J.H. [2 ]
Desrochers, A.A. [2 ]
机构
[1] Energy Technology Development, Pacific Northwest National Laboratory, MSIN Kl-85, Richland, WA 99352, 902, Batteile Boulevard
[2] Electrical, Computer, and Systems Engineering Department, Rensselaer Polytechnic Institute, Troy, NY 12180-3590, 110
关键词
Electricity market deregulation; Generator availability; Generator bidding strategies; Generator derating; Maximum profit bid curve; Multiple-segment block bids;
D O I
10.2316/Journal.203.2009.3.203-3590
中图分类号
学科分类号
摘要
This paper develops optimal generator bidding strategies in a competitive electricity market. Starting from a generator's cost curve, basic bidding concepts such as the break-even bid curve and the maximum profit bid curve can be readily derived. The maximum profit bid curve can be extended to account for generator availability and derating. In addition, multiple-segment block energy bids can be optimized based on the maximum profit curve and the probabilistic distribution of market clearing prices.
引用
收藏
页码:173 / 180
页数:7
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