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The single-bargainer bidding model makes a new way for solving electricity prices rising when the market is lack of electricity supply. In the single-bargainer electricity markets, the profits of load serving entities (LSEs), to a certain extent, depend on their bidding strategies. In this paper, a methodological framework is proposed for developing optimal bidding strategies for LSEs participating...
In competitive electricity markets which are open for both generation and distribution sides, load serving entities (LSEs) are required to participate in the market competition with risks, since their profits usually reduced because of the shortage of power supply, and their purchasing prices were fluctuant with uncertainties due to the unforeseen bidding. This paper develops the optimal bidding strategies...
At the present time, the operating electricity markets of all over the world vary from one country to another, but from the aspect of bidding model, which can be classified into two types: the first one is generation-side bidding only, the second one is generation-side and demand-side bidding simultaneously. Broadly speaking, no matter adopt what type of bidding model, the implementation of electricity...
In double-sided auction electricity markets, load server entities (LSEs) are required to participate in the market competition. When LSEs adopt bidding strategies, the profits of selling electric power to end customers are greatly reduced by lack of supplied power, or the high unnecessary electric prices for purchasing electric power are paid out because of the bidding is too high. Then, it is obviously...
In competitive transmission and distribution separated electricity markets, load server entities (LSEs) are required to participate in market competition. The profits of selling electric power to end customers are greatly reduced by lack of supplied power. Or the high electric prices for purchasing electric power are paid out because of over-abundance of supplied power. Obviously, LSEs are faced with...
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