By Topic

Stochastic non-linear Nash Game in multi-zone electricity markets

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

2 Author(s)
Zeng Ci-ling ; Hunan Electr. Power Dispatch & Commun. Bur., Changsha, China ; Xie Pei-yuan

A stochastic non-linear Nash game for all the players in multi-zone supply auctions is established in this paper. The bidding strategies of power suppliers in multi-zone energy markets are functions of their own generation costs as well as the bidding behaviors of their competitors. The effects of the uncertainty and the risk are considered in constructing the bid functions of power suppliers. Physical constraints of multi-zone power systems are considered in the model. Dynamic programming algorithm is used to solve the Nash Game problem. A simplified three-zone model is used as a case study. The numerical outcome shows that our model is feasible and applicable.

Published in:

Electricity Distribution, 2008. CICED 2008. China International Conference on

Date of Conference:

10-13 Dec. 2008