Day-ahead bidding on energy markets - a basic model and its extension to bidding curve

被引：0
|
作者：
Branda, Martin [1 ]
机构：
[1] Acad Sci Czech Republ, Inst Informat Theory & Automat, Vodarenskou Vezi 4, CR-18208 Prague, Czech Republic
来源：
FINANCIAL MANAGEMENT OF FIRMS AND FINANCIAL INSTITUTIONS: 10TH INTERNATIONAL SCIENTIFIC CONFERENCE, PTS I-IV | 2015年
关键词：
Energy markets; wind energy; day-ahead bidding; uncertainty; two-stage stochastic programming; RISK;
D O I：
暂无
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Wind resources energy production is highly influenced by uncertain weather conditions. We provide several simple models for bidding on day-ahead energy markets, which take into account the uncertainty. The obtained optimal bids and bidding curve are based not only on the point prediction, but also on the forecasted distribution of generated energy. We relate the resulting problems to two-stage stochastic programs with simple recourse.
引用
收藏
页码：124 / 128
页数：5
相关论文
共 50 条
  • [1] Coordination of bidding strategies in day-ahead energy and spinning reserve markets
    Wen, FS
    David, AK
    [J]. INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS, 2002, 24 (04) : 251 - 261
  • [2] Optimal Wind Bidding Strategies in Day-Ahead Markets
    Gomes, Isaias L. R.
    Pousinho, Hugo M. I.
    Melicio, Rui
    Mendes, Victor M. F.
    [J]. TECHNOLOGICAL INNOVATION FOR CYBER-PHYSICAL SYSTEMS, 2016, 470 : 475 - 484
  • [3] Bidding Strategy for Generators with Constraints In Day-Ahead Electricity Markets
    Bichpuriya, Yogesh
    Nandagaoli, Neha
    Mahilong, Nidhisha
    Sarangan, Venkatesh
    Rajazopal, Narayanan
    [J]. 2021 IEEE PES INNOVATIVE SMART GRID TECHNOLOGY EUROPE (ISGT EUROPE 2021), 2021, : 1049 - 1053
  • [4] A Bilevel Model for Optimal Bidding and Offering of Flexible Load Aggregator in Day-Ahead Energy and Reserve Markets
    Jia, Yulong
    Mi, Zengqiang
    Yu, Yang
    Song, Zhuoliang
    Sun, Chenjun
    [J]. IEEE ACCESS, 2018, 6 : 67799 - 67808
  • [5] Constructing Bidding Curves for a CHP Producer in Day-ahead Electricity Markets
    Dimoulkas, Ilias
    Amelin, Mikael
    [J]. 2014 IEEE INTERNATIONAL ENERGY CONFERENCE (ENERGYCON 2014), 2014, : 487 - 494
  • [6] Bidding Strategy for Aggregators of Electric Vehicles in Day-Ahead Electricity Markets
    Guo, Yunpeng
    Liu, Weijia
    Wen, Fushuan
    Salam, Abdus
    Mao, Jianwei
    Li, Liang
    [J]. ENERGIES, 2017, 10 (01)
  • [7] A simulation framework for uneconomic virtual bidding in day-ahead electricity markets
    Shan, Yuquan
    Lo Prete, Chiara
    Kesidis, George
    Miller, David J.
    [J]. 2017 AMERICAN CONTROL CONFERENCE (ACC), 2017, : 2705 - 2712
  • [8] Optimal Bidding Strategy for Physical Market Participants With Virtual Bidding Capability in Day-Ahead Electricity Markets
    Mehdipourpicha, Hossein
    Bo, Rui
    [J]. IEEE ACCESS, 2021, 9 : 85392 - 85402
  • [9] Strategic bidding for electricity supply in a day-ahead energy market
    Wen, FS
    David, AK
    [J]. ELECTRIC POWER SYSTEMS RESEARCH, 2001, 59 (03) : 197 - 206
  • [10] Strategic Day-ahead Bidding for Energy Hubs with Electric Vehicles
    Zhao, Tianyang
    Xiao, Jianfang
    Koh, Leong Hai
    Wang, Peng
    Ding, Zhongqiang
    [J]. 2018 2ND IEEE CONFERENCE ON ENERGY INTERNET AND ENERGY SYSTEM INTEGRATION (EI2), 2018,
12345