ICAR Research Data Repository for Knowledge Management
New bid structures for power exchange with modelling in ILP framework
DSpace at IIT Bombay
View Archive Info| Field | Value | |
| Title |
New bid structures for power exchange with modelling in ILP framework
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| Creator |
GAJBHIYE, R
SOMAN, SA |
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| Subject |
power exchange
block bids paradoxically rejected bids integer linear programming |
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| Description |
Block bid were introduced in power exchanges to allow generators with high fixed cost component (start-up and shut-down cost) participate in the market. However, block bid has been designed with very simple structure. Rigid structure in block bid often leads to them being rejected paradoxically. With this factor as motivation, we present new bid structures which retains objective of block bid, but brings in more flexibility, resulting in more liquidity in market.
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| Publisher |
IEEE
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| Date |
2011-10-25T21:05:18Z
2011-12-15T09:12:08Z 2011-10-25T21:05:18Z 2011-12-15T09:12:08Z 2009 |
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| Type |
Proceedings Paper
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| Identifier |
2009 6TH INTERNATIONAL CONFERENCE ON THE EUROPEAN ENERGY MARKET,568-574
978-1-4244-4454-0 http://dspace.library.iitb.ac.in/xmlui/handle/10054/15821 http://hdl.handle.net/100/2490 |
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| Source |
6th International Conference on the European Energy Market,Leuven, BELGIUM,MAY 27-29, 2009
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| Language |
English
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