Browsing by Subject "GENCO Market Power"

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GENCO Optimal Bidding Strategy and Profit Based Unit Commitment using Evolutionary Particle Swarm Optimization Illustrating the Effect of GENCO Market Power

Bikeri, A. K.; Muriithi, Christopher M.; Kihato, P. K. (Institute of Advanced Engineering and Science, 2018)

In deregulated electricity markets, generation companies (GENCOs) make unit commitment (UC) decisions based on a profit maximization objective in what is termed profit based unit commitment (PBUC). PBUC is done for the ...