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Generator
Bidding System in Competitive Electricity Market
In a perfectly competitive market when individual generators cannot
influence the spot price, they tend to offer their electrical energy
production at their respective marginal costs. In practice, however,
generators have some degree of market power due to their large market
shares and transmission congestion. Thus, generators may bid above
their marginal costs.
This research aims to develop a generator bidding system for such
competitive market environment. The approach is based on Fuzzy methodology
to cope with the uncertainty in the market parameters, such as load
demand, power dispatch, bid and price. The proposed system is simulated
and tested using a simplified electricity market simulator.
Student
Moeljono Widjaja
Supervisor
Ly Fie Sugianto and Robert Morrison
Type
PhD
In cooperation with
NEMMCO, NECA |
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