The paper focuses on bidding selection mechanisms based both on offer price and electricity-quantity strategies. The aim of the paper is to present a procedure that allows the use of both game theory and of detailed cost-based unit-commitment computer codes. The procedure is conceived in a way to be as much as possible independent of the specific market rules. The results of a preliminary analysis are shown, concerning simple test cases that incorporate some distinctive characteristics of electricity markets and power plants.
Maryam Kamgarpour, Gabriela Hug, Orcun Karaca
David Atienza Alonso, Marina Zapater Sancho, Ayse Kivilcim Coskun, Ali Pahlevan
Anthony Christopher Davison, Timmy Rong Tian Tse