Optimal Bidding Strategy for Physical Market Participants With Virtual Bidding Capability in Day-Ahead Electricity Markets

Optimal Bidding Strategy for Physical Market Participants With Virtual Bidding Capability in Day-Ahead Electricity Markets

Virtual bidding provides a mechanism for financial players to participate in wholesale day-ahead (DA) electricity markets. The price difference between DA and real-time (RT) markets creates financial arbitrage opportunities for financial players. Physical market participants (MP), referred to as par...

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Bibliographic Details
Main Authors: Hossein Mehdipourpicha, Rui Bo
Format: Article
Language:English
Published: IEEE 2021-01-01
Series:IEEE Access
Subjects:
Bidding strategy
bi-level optimization
financial products
physical market participants
profit maximization
virtual bidding
Online Access:https://ieeexplore.ieee.org/document/9449870/

Internet

https://ieeexplore.ieee.org/document/9449870/

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