The main objective of this paper is to show an overview analysis of market power issues.Market power reflects the scarcity of power supply.It is the ability of a particular seller or group of sellers to maintain price...The main objective of this paper is to show an overview analysis of market power issues.Market power reflects the scarcity of power supply.It is the ability of a particular seller or group of sellers to maintain prices profitably above competitive levels for a significant period of time.Because the electric power system has its own characteristics that are different to other economic systems,both physical factors and economic factors of power system are key elements on this definition.We study some cases here,including different line limit levels,load levels and bid strategy through a market model based on OPF (optimal power flow) with a decommitment algorithm.展开更多
： The bidding strategies of power generations in the market are a dynamic and complex problem. It is difficult to analyze and compute with the traditional mathematical methods, which is conspicuous in the middle or l...： The bidding strategies of power generations in the market are a dynamic and complex problem. It is difficult to analyze and compute with the traditional mathematical methods, which is conspicuous in the middle or long-term transactions. This paper pro- poses a modelity which 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.展开更多
基金This paper supported by National Natural Science Foundation of China (50079006).
文摘The main objective of this paper is to show an overview analysis of market power issues.Market power reflects the scarcity of power supply.It is the ability of a particular seller or group of sellers to maintain prices profitably above competitive levels for a significant period of time.Because the electric power system has its own characteristics that are different to other economic systems,both physical factors and economic factors of power system are key elements on this definition.We study some cases here,including different line limit levels,load levels and bid strategy through a market model based on OPF (optimal power flow) with a decommitment algorithm.
基金This project is supported by National Natural Science Foundation of China（50539140）
文摘： The bidding strategies of power generations in the market are a dynamic and complex problem. It is difficult to analyze and compute with the traditional mathematical methods, which is conspicuous in the middle or long-term transactions. This paper pro- poses a modelity which 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.
