Price-takers’ bidding strategies in joint energy and spinning reserve pay-as-bid markets

Strategic bidding in joint energy and spinning reserve markets is a challenging task from the viewpoint of generation companies (GenCos). In this paper, the interaction between energy and spinning reserve markets is modeled considering a joint probability density function for the prices of these mar...

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Bibliographic Details
Main Authors: H. Rajabi Mashhadi, J. Khorasani
Format: Article
Language:English
Published: Iran University of Science and Technology 2013-03-01
Series:Iranian Journal of Electrical and Electronic Engineering
Subjects:
Online Access:http://ijeee.iust.ac.ir/browse.php?a_code=A-10-804-1&slc_lang=en&sid=1