An improved optimisation method based on augmented constraint for electricity market clearing considering non‐increasing stepwise bidding
Abstract The development of optimization methods for market clearing aims to improve the rationality of bidding and maximise social welfare. Existing electricity markets only allow a non‐decreasing bidding curve for generating companies (GenCos) owing to the convex limitation of the optimization mod...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2021-06-01
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| Series: | IET Energy Systems Integration |
| Online Access: | https://doi.org/10.1049/esi2.12017 |