2022
DOI: 10.47852/bonviewjcce2202160
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Simulation on Supplier Side Bidding Strategy at Day-ahead Electricity Market Using Ant Lion Optimizer

Abstract: In this article, Ant Lion Optimizer (ALO) is used for supplier side optimal bidding strategy in a day-ahead Electricity Market (EM). Optimal bidding is one of the major challenges of EM after deregulation. Deregulation is nothing but abolishing the market rules and unbundling the vertically integrated utilities. In EM, the main objective of Generating Companies (GenCos) is to bid optimally that maximizes its profit. Thus, for attaining maximum profit every supplier makes a strategy for acquiring the profitable… Show more

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Cited by 27 publications
(14 citation statements)
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“…To verify the advantages of the proposed algorithm, a comparative experiment is designed in this section. Referring to the comparative experimental methods used in the literature figure [28,29], combined with the actual travel experiences of tourists, the algorithms commonly used for map route searching are selected as the control group in the experiment. The proposed algorithm is set as the experimental group.…”
Section: Route Methods Comparison and Analysis (1) Selection Of Compa...mentioning
confidence: 99%
“…To verify the advantages of the proposed algorithm, a comparative experiment is designed in this section. Referring to the comparative experimental methods used in the literature figure [28,29], combined with the actual travel experiences of tourists, the algorithms commonly used for map route searching are selected as the control group in the experiment. The proposed algorithm is set as the experimental group.…”
Section: Route Methods Comparison and Analysis (1) Selection Of Compa...mentioning
confidence: 99%
“…In spoofing attacks, attackers can rearrange data in the system, causing sensors or controllers to receive false data, resulting in the system not functioning properly [27]. Considering Spoofing attacks, Bernoulli random variables are used for statistics [28]. The output measurement value under Spoofing attacks is � y ¼ aðtÞðzðtÞ À yðtÞÞ þ yðtÞ, combined with Spoofing attacks and DoS attacks, interconnected power LFC model actual output under mixed attack is shown in Eq (25).…”
Section: Plos Onementioning
confidence: 99%
“…A controller is designed as shown in Eq (27) to converge the system onto the desired surface, as shown in Eq (28).…”
Section: Plos Onementioning
confidence: 99%
“…Intelligent optimization algorithms imitate the behavior of biological groups such as predation and hunting to find the optimal solution. It can be searched by imitating the population characteristics of different organisms [20]. The research, improvement, and application of intelligent optimization algorithms have also been popular.…”
Section: Introductionmentioning
confidence: 99%