Bidding simulation methods for power suppliers considering forward contract
- https://doi.org/10.2991/iceesd-18.2018.290How to use a DOI?
- long-term contract; intelligent agent; Bidding simulation methods
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.
- © 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 -