Using of a cost-based unit commitment algorithm to assist bidding strategy decisions

The paper describes a procedure developed to assist a generating company in choosing the most convenient bidding strategies for a day-ahead electricity energy market. According to the proposed method, the profit maximization problem is transformed into a minimization problem that can be solved by a...

Ausführliche Beschreibung

Bibliographische Detailangaben

Hauptverfasser:	Borghetti, A., Frangioni, A., Lacalandra, F., Nucci, C.A., Pelacchi, P.
Format:	Tagungsbericht
Sprache:	eng
Schlagworte:	Computer science Cost function Councils Electricity supply industry Lagrangian functions Minimization methods Power generation Production Reservoirs Water resources
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