Title :
Bidding strategy for price-taker distributed Genco in competitive electricity market
Author :
Shrestha, G.B. ; Qiao, Songbo
Author_Institution :
Sch. of EEE, Nanyang Technol. Univ. (NTU), Singapore, Singapore
Abstract :
The liberalization of electricity market encourages the introduction of distributed generators with advanced technologies. The distributed generators (DGs) are smaller sized than traditional generators which can be considered as the price-taker. However they need suitable strategies to bid in the competitive market to optimize their operations.
Keywords :
distributed power generation; electric generators; power generation economics; power markets; DG; bidding strategy; competitive electricity market; distributed generator; price-taker distributed Genco; Distributed generator; bidding strategy; marginal cost; statistical distribution;
Conference_Titel :
IPEC, 2010 Conference Proceedings
Conference_Location :
Singapore
Print_ISBN :
978-1-4244-7399-1
DOI :
10.1109/IPECON.2010.5697087
