Please use this identifier to cite or link to this item: http://localhost:8080/xmlui/handle/123456789/1514
Title: Strategic Bidding in Deregulated Market using Particle Swarm Optimization
Authors: Kumar, J Vijaya
Pash, Shaik Jameer
Kumar, D.M.Vinod
Keywords: Electricity market
Deregulation
Optimal bidding Strategy
Market clearing price (MCP)
Issue Date: 2010
Publisher: Proceedings of the 2010 Annual IEEE India Conference: Green Energy, Computing and Communication, INDICON 2010
Citation: 10.1109/INDCON.2010.5712648
Abstract: In this paper, particle swarm optimization method is proposed to determine the optimal bidding strategy in competitive electricity market. The market includes Generating companies (Genco’s), large consumers who participate in demand side bidding, and small consumers whose demand is present in aggregate form. The effectiveness of the proposed method is tested with IEEE-30 bus system in which six generators and two large consumers are considered. Results are compared with the solutions obtained using the Genetic algorithm and Monte Carlo method.
Description: NITW
URI: http://localhost:8080/xmlui/handle/123456789/1514
Appears in Collections:Electrical Engineering

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