Collusion Potential Assessment in Electricity Markets Considering Generation Flexibility

The collusion among various generating units has been a problematic issue affecting the fairness and transparency of electricity markets.Therefore,it is of great significance to assess the potential of such collusion in the electricity market.However,the previous assessment studies primarily focused on the bidding behaviors of collusive generating units,without considering the influences of generation flexibility,such as ramp rates.In this paper,a novel assessment method is proposed to evaluate the collusion potential in the electricity market considering generation flexibility.First,a bi-level optimization model is developed to simulate the collusive strategies of dif-ferent generating units,including the withholding of generation capacities and ramp rates,as well as the uplifting of minimum outputs and bidding prices.In the upper-level problem,collusive generating units optimize their offering strategies to optimize the generation profits without violating the regulatory laws.The lower-level problem is a day-ahead economic dispatch model which minimizes the dispatching costs.Based on the optimal collusive strategies determined by the bi-level model,a framework is then proposed to assess the collusion potential in electricity markets.Moreover,price-based and profit-based indices are proposed to quantitatively evaluate the collusion potential of different generating units.Finally,the proposed assessment method is validated on a modified IEEE 39-node system.The numerical results demonstrated that generation flexibility can be exploited collusively for making excessive profits,particularly during load peaks and valleys.Index Terms-Collusionpotential,economic cdispatch,generation flexibility,ramp rates,strategic withholding.

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Frequency-doubled triangular shape lightwave generation with a flexible modulation index

An approach for full duty frequency-doubled triangle shape lightwave generation is proposed and demonstrated.It requires a dual-parallel Mach–Zehnder modulator（DP-MZM） driven by a sinusoidal signal. A stop band filter is coupled to filter out two undesired sidebands. By tuning the bias voltage applied to the DP-MZM, the output optical intensity with a full duty cycle triangle shape profile can be obtained. It is found that the required modulation index is no longer a fixed one. It can vary within a range, without degrading the target waveform. The principle is analyzed by theory and evaluated by simulation. A proof-of-concept experiment is also conducted.Good agreements between theoretical prediction and experimental results have been found. This approach might be attractive due to the feature of a variable modulation index, which insures simple operation in practice.