DocumentCode :
2659135
Title :
Economic evaluation and state time-delayed feedback chaos control of dynamic supply function model in power market
Author :
Zhang, M. ; Yang, H.M. ; Yang, D.L. ; Lai, M.Y. ; Zhang, Y.X.
Author_Institution :
Coll. of Electr. & Inf. Eng., Changsha Univ. of Sci. & Technol., Changsha, China
fYear :
2010
fDate :
8-10 Sept. 2010
Firstpage :
34
Lastpage :
39
Abstract :
The dynamic supply function model considering the decision-marking of market participants and transmission constrains of power network in power market is established. The different dynamic behaviors are analyzed, such as Nash equilibrium, period and chaos. With the average profit as the economic evaluation index, the economic performances of dynamic behaviors in the states of Nash equilibrium, period and chaos are analyzed and compared for three-node power market. Among them, the optimal performance appears in the state of Nash equilibrium. In view of the chaotic behaviors in power market, the state time-delayed feedback chaos control method is proposed. Finally, by means of the proposed control method, the chaotic state is controlled to the stable equilibrium point so that the economic performance of dynamic power market is effectively improved.
Keywords :
chaos; decision making; delays; distribution networks; feedback; game theory; power markets; Nash equilibrium; dynamic supply function model; economic evaluation; power market; state time-delayed feedback chaos control; Biological system modeling; Chaos; Nash equilibrium; Power markets; Stability criteria; Chaos; Nash equilibrium; dynamic supply function; power market; state time-delayed feedback control;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Electrical Engineering Computing Science and Automatic Control (CCE), 2010 7th International Conference on
Conference_Location :
Tuxtla Gutierrez
Print_ISBN :
978-1-4244-7312-0
Type :
conf
DOI :
10.1109/ICEEE.2010.5608595
Filename :
5608595
Link To Document :
بازگشت