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Deregulation and liberalization of electric power industry, among other things, has created new requirements for the market participants. The power system engineer, operator, and, in general, the market participant is being faced with requirements for which he does not have adequate training and the proper software tools. In this framework, among others, a pure hydro-generation company has to operate...
The electric power industry in the last decades has evolved from a centralized operational approach to a deregulated one. Many participants and service providers have made up the new structure of the power market where the competition is increasing. As the new deregulating framework is imperfect, it is quite important for the Gencos to develop optimal bidding strategies which are vital to their benefits...
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