2021
DOI: 10.1049/gtd2.12141
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Bidding strategy of thermal power compound differential evolution game under the market mechanism of peak regulation auxiliary service

Abstract: As the main provider of peak regulation auxiliary services, thermal power units are particularly important to ensure their revenue in an uncertain environment. To obtain the optimal bidding strategy for thermal power units, a thermal power peak regulation bidding model based on the Northeast Power Grid's auxiliary service market bidding mechanism is established. Secondly, the evolutionary game theory is introduced into the bidding strategy of thermal power units. Meanwhile, in order to solve the multi-party ga… Show more

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Cited by 7 publications
(3 citation statements)
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“…(2) LA pre-assesses the peaking capacity of the clustered AC loads and bids to the electricity market based on the actual adjustable capacity. (3) The electricity market clearing peak regulation service is based on LAs' bids and notifies LA regarding the response curve for targets. (4) LA control of large-scale AC loads based on the response curve for targets.…”
Section: The Framework Of Ac Loads For Peak Regulationmentioning
confidence: 99%
See 1 more Smart Citation
“…(2) LA pre-assesses the peaking capacity of the clustered AC loads and bids to the electricity market based on the actual adjustable capacity. (3) The electricity market clearing peak regulation service is based on LAs' bids and notifies LA regarding the response curve for targets. (4) LA control of large-scale AC loads based on the response curve for targets.…”
Section: The Framework Of Ac Loads For Peak Regulationmentioning
confidence: 99%
“…The increasing penetration of high‐proportion renewable energy sources and the widening valley‐peak difference have posed a challenge to peak regulation in power systems [1, 2]. Large conventional generator units mainly provide peak regulation services in power systems, especially thermal units [3]. However, these conventional units have been gradually phased out along with implementing clean energy strategies in many countries [4].…”
Section: Introductionmentioning
confidence: 99%
“…In competitive markets, some participants might be considered as strategic entities, which can influence market outcomes with their decisions [1]. In recent years, various strategic players have been studied in different energy market levels, including the thermal units in wholesale electricity markets (WEM) [2], virtual power plants in the day‐ahead wholesale market [3], and the distribution company in WEM [4]. The purpose of these models is to reach a state of equilibrium between strategic participants and the electricity market.…”
Section: Introductionmentioning
confidence: 99%