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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...
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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