Studying on bidding strategies in electricity power market

It is bound to improve impartiality and validity of electricity transaction if leading auction mechanism and bidding system into electricity market. Taking strategic bidding can make electricity suppliers obtain the most profit and make power exchange get optimization and standardize market competition rules. Bidding strategies have intimate connection with electricity suppliers obtaining profit maximization and operation optimization, so it become the most important and difficult problem in market theory studies at the moment. In this paper. when summarizing the development of consequences in bidding theories, it also points out what works should do and how to do.