Title :
Analysis profit of generation company in power market by bidding strategy
Author :
Tran Phuong Nam ; Le Hong Lam ; Dinh Thanh Viet ; Ming-Tse Kuo
Author_Institution :
Hue Ind. Coll., Hue, Vietnam
Abstract :
After the 90s, the electric power industry has undergone a considerable change, and the power markets have been restructured in many regions worldwide. The bidding of power plants is always interesting in research to ensure revenue and profit of many generation companies. This paper studies and analyzes profit of generation company in power market by bidding strategy. PowerWorld 13 simulator are chosen to build up the calculation program, the simulations are involved IEEE 39-bus test system.
Keywords :
electric power generation; electricity supply industry; power markets; tendering; IEEE 39-bus test system; PowerWorld 13 simulator; bidding strategy; electric power industry; generation company; power market; power plants; Companies; Educational institutions; Electricity; Generators; Load flow; Mathematical model; Power markets; bidding strategy; generation company; power market; profit;
Conference_Titel :
Intelligent Green Building and Smart Grid (IGBSG), 2014 International Conference on
Conference_Location :
Taipei
DOI :
10.1109/IGBSG.2014.6835233