RISK-CONSTRAINED OPTIMAL BIDDING STRATEGY FOR A GENERATION COMPANY USING SELF-ORGANIZING HIERARCHICAL PARTICLE SWARM OPTIMIZATION

被引:5
|
作者
Boonchuay, Chanwit [2 ]
Ongsakul, Weerakorn [1 ]
机构
[1] Asian Inst Technol, Energy Field Study, Sch Environm Resources & Dev, Klongluang 12120, Pathumthani, Thailand
[2] Rajamangala Univ Technol Rattanakosin, Dept Elect Engn Technol, Fac Ind & Technol, Hua Hin, Prachuap Khiri, Thailand
关键词
D O I
10.1080/08839514.2012.646162
中图分类号
TP18 [人工智能理论];
学科分类号
081104 ; 0812 ; 0835 ; 1405 ;
摘要
This article proposes optimal bidding strategies for a generation company (GenCo) considering risk of profit variation by self-organizing hierarchical particle swarm optimization with time-varying acceleration coefficients (SPSO-TVAC). Based on a trade-off technique, the expected profit maximization and risk minimization are achieved. Nonconvex operating cost functions of thermal generation units and minimum up/ down time constraints are cooperated to provide the optimal bid prices in a day-ahead uniform price spot market. The rivals' bidding behavior is estimated by Monte Carlo simulation. Test results indicate that SPSO-TVAC is superior to inertia weight approach particle swarm optimization (IWAPSO) and genetic algorithm (GA) in searching the optimal bidding strategy solutions.
引用
收藏
页码:246 / 260
页数:15
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