Analysis of Bidding Price in the Pay-as-Bid Market

2003 IEEE Power Engineering Society General Meeting, Conference Proceedings

Volumn 2, Issue , 2003, Pages 997-1001

  Wei, Ping ^a,b   Chen, Luonan ^c   Chiang, Hsiao Dong ^d  

^a SOUTHEAST UNIVERSITY   (China)

^b Cornell University ^*  (United States)

^c Department of Electrical Engineering ^*

^d School of Operations Research and Industrial Engineering   (United States)

Author keywords

Decomposition; Deregulated power market; Large consumer; Pay as bid market; Power supplier

Indexed keywords

DEREGULATED POWER MARKET; LARGE CONSUMERS; PAY-AS-BID MARKET; POWER SUPPLIERS;

COMPUTER SIMULATION; DEREGULATION; ELECTRIC INDUSTRY; ELECTRIC POWER TRANSMISSION; INDUSTRIAL ECONOMICS; LAGRANGE MULTIPLIERS; MATRIX ALGEBRA; NUMERICAL METHODS; VOLTAGE CONTROL;

ELECTRIC POWER SYSTEMS;

EID: 1542269722     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: None     Document Type: Conference Paper

References (7)

1. G. Shuttleworth, "Hot Topics in European Electricity: What is Relevant and What isn't?" The Electricity Journal, Vol. 15, Iss. 8, October 2002, pp. 25-39.
2. C. Vazquez, M. Rivier, I. Perez-Arriaga, "If Pay-as-Bid Auctions Are Not a Solution for California, then Why Not a Reliability Market?" The Electricity Journal, Vol. 14, Iss. 4, May 2001, pp. 41-48.
3. P.C. Shweppe, M.C. Caramanis, R.D. Tabors, and R.E. Bohn, Spot Pricing of Electricity, Boston, MA: Kluwer Academic Publishers, 1988
4. th PSCC, 1993, pp.371-378.
5. X. Kai, Y. Song, E. Yu and G. Liu, "Decomposition model of optimal spot pricing and interior point method implementation," IEEE Trans. On Power System, Vol. 15, No. 1, February 2000, pp.39-50.
6. L. Chen, H. Suzuki, T. Wachi, Y. Shimura, "Components of Nodal Prices for Electric Power Systems," IEEE Trans. On Power Systems, Vol. 17, No.1, February 2002, pp.41-49.
7. F.F. Wu, V. Pravin, "Coordinated Multilateral Trades for Electricity Power Networks: Theory and Implementations," International Journal of Electrical Power & Energy Systems, Vol.21, No.2, February 1999, pp. 75-102.