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| Content Provider | IET Digital Library |
|---|---|
| Author | Zhou, Xiaojie Gao, Yajing Yang, Wenhai Guo, Shixiao |
| Abstract | This study considers China's new electricity reform and related policies as a prerequisite, makes depth analysis of the power generation and sales companies bidding model, and puts forward the game strategy of single sales company and multiple power producers that considered network constraints based on the principle of dark auction in game theory. Considering the problem of transmission obstruction, a two-layer optimisation model is established. The lower level makes the maximum profit of the generator as the objective function, using the probability function to describe the quotation behaviour of the competitors, using the average match method to solve the bidder's bid. According to the underlying information, the upper single sales company uses linear programming methods to give low-cost unit queuing priority, combined with grid operating constraints to calculate the minimum purchase cost. Through the upper and lower models, interactive solution can improve the transaction success rate and reduce the occurrence of transmission congestion. Finally, the modified IEEE14 node example is used to analyse and verify. |
| Starting Page | 1640 |
| Ending Page | 1645 |
| Page Count | 6 |
| Volume Number | 2017 |
| e-ISSN | 20513305 |
| Issue Number | Issue 13, Jan (2017) |
| Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/joe/2017/13 |
| Alternate Webpage(s) | https://digital-library.theiet.org/content/journals/10.1049/joe.2017.0610 |
| Journal | The Journal of Engineering |
| Publisher | The Institution of Engineering and Technology |
| Publisher Date | 2017-01-01 |
| Access Restriction | Open |
| Rights License | Creative Commons Attribution-Non Commercial-No Derivs License (http://creativecommons.org/licenses/by-nc-nd/3.0/) |
| Subject Keyword | Average Match Method Dark Auction Electricity Improvement Environment Electricity Market Electricity Reform Game Theory Grid Operating Constraint Interactive Solution Linear Programming Linear Programming Method Low-cost Unit Queuing Priority Minimum Purchase Cost Modihed IEEE14 Node Multiple Power Producers Network Constraint Objective Function Optimisation Technique Power Generation Power Market Power System Economics Power System Managemen Power System Operation Probability Probability Function Queueing Theory Quotation Behaviour Sales Companies Bidding Model Single Sales Company Transaction Success Rate Transmission Obstruction Two-layer Optimisation Model |
| Content Type | Text |
| Resource Type | Article |
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