Proceedings of the 2018 7th International Conference on Energy, Environment and Sustainable Development (ICEESD 2018)

Bidding simulation methods for power suppliers considering forward contract

Authors
Heng Feng, Zhenglin Yang, Yaxian Zheng
Corresponding Author
Heng Feng
Available Online May 2018.
DOI
https://doi.org/10.2991/iceesd-18.2018.290How to use a DOI?
Keywords
long-term contract; intelligent agent; Bidding simulation methods
Abstract

A total electricity market should include spot market and forward contract market. The spot market keep balance on electricity, the other is helpful to advance competition and achieve a more efficient market equilibrium price. In this paper, a bidding strategies model based on intelligent agent is used to simulate the behavior of generators. The influence of forward contract on the bidding behavior of generators is considered in the model. The case analysis shows that generator's intelligent agent model established in this paper can well simulate generators of different characteristics; different kinds of long-term contracts have a different influence on bidding behavior of day ahead market.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2018 7th International Conference on Energy, Environment and Sustainable Development (ICEESD 2018)
Series
Advances in Engineering Research
Publication Date
May 2018
ISBN
978-94-6252-503-0
ISSN
2352-5401
DOI
https://doi.org/10.2991/iceesd-18.2018.290How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Heng Feng
AU  - Zhenglin Yang
AU  - Yaxian Zheng
PY  - 2018/05
DA  - 2018/05
TI  - Bidding simulation methods for power suppliers considering forward contract
BT  - Proceedings of the 2018 7th International Conference on Energy, Environment and Sustainable Development (ICEESD 2018)
PB  - Atlantis Press
SP  - 1604
EP  - 1609
SN  - 2352-5401
UR  - https://doi.org/10.2991/iceesd-18.2018.290
DO  - https://doi.org/10.2991/iceesd-18.2018.290
ID  - Feng2018/05
ER  -