The value of concentrating solar power in ancillary services markets

K Abiodun, K Hood, JL Cox, AM Newman, AJ Zolan - Applied Energy, 2023 - Elsevier
Ancillary services, such as spinning reserves, can provide grid reliability and contribute to
profitability of an energy resource. We exercise an existing dispatch optimization model to …

Optimal bidding strategy for social welfare maximization in wind farm integrated deregulated power system using artificial gorilla troops optimizer algorithm

NK Singh, S Gope, C Koley, S Dawn… - IEEE Access, 2022 - ieeexplore.ieee.org
PoolCo electricity trading is one of the most capable bidding practices for executing a
centralized energy market model. In the PoolCo market model, each seller and buyer submit …

Analyzing the asymmetric impacts of renewables on wholesale electricity price: Empirical evidence from the Indian electricity market

B Nibedita, M Irfan - Renewable Energy, 2022 - Elsevier
This study investigates the asymmetric impacts of electricity generation from renewables on
wholesale electricity prices for the Indian electricity market. The existence of a non-linear …

Design of an optimal P2P energy trading market model using bilevel stochastic optimization

K Singh, R Gadh, A Singh, CL Dewangan - Applied Energy, 2022 - Elsevier
In a smart grid, with the emergence of behind-the-meter distributed energy resources (DER)
integration, multiple consumers are emerging as prosumers. A prosumer's chance of …

A review on bidding strategies and market power in a competitive energy market

SPS Mathur, A Arya, M Dubey - 2017 International Conference …, 2017 - ieeexplore.ieee.org
To encourage competition and getting better efficiency, various countries all over the globe
changed their economics of electricity from monopolies to perfect competition. Competition …

Impact of renewable energy sources on modelling of bidding strategy in a competitive electricity market using improved whale optimization algorithm

A Sahoo, PK Hota - IET Renewable Power Generation, 2021 - Wiley Online Library
In a competitive power market, generating utilities can be enhanced to achieve maximum
profit by implementing a process of bidding strategy. Now‐a‐days renewable sources like …

Strategic bidding in the presence of renewable sources for optimizing the profit of the power suppliers

S Singh, M Fozdar, A Almutairi, S Alyami… - IEEE Access, 2021 - ieeexplore.ieee.org
The fast globalization of renewable energy-based technologies has enabled its wide
speared utilization as well. This has shaped a new prospect of operation in the modern …

Modern optimization and simulation methods in managerial and business economics: a review

L Calvet, R de la Torre, A Goyal, M Marmol… - Administrative …, 2020 - mdpi.com
Managerial and Business Economics (ME/BE) aims at using quantitative and computational
methods to make an efficient (ideally optimal) assignment of the scarce resources owned by …

Impact of emission trading on optimal bidding of price takers in a competitive energy market

SPS Mathur, A Arya, M Dubey - Harmony Search and Nature Inspired …, 2019 - Springer
All over the world, electricity sector emerged as the main source of GHG emission. Emission
trading scheme and Renewable support schemes are the main schemes to diminish …

Optimal GENCO's bidding strategy in a power exchange facilitating combined power and emission trading using Intelligent Programmed Genetic Algorithm

D Shah, S Chatterjee - International Transactions on Electrical …, 2020 - Wiley Online Library
Currently, for developing optimal bidding strategy considering carbon credit trading,
Generating Company (GENCO) separately participates in electric power and emission …