A Fuzzy Bilevel Model and a PSO-based Algorithm for Day-ahead Electricity Market Strategy Making

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dc.contributor.author Zhang, Guangquan en_US
dc.contributor.author Zhang, Guoli en_US
dc.contributor.author Gao, Ya en_US
dc.contributor.author Lu, Jie en_US
dc.contributor.editor Juan D. Velasquez, Sebastian A. Rios, Robert J. Howlett, Lakhmi C. Jain en_US
dc.date.accessioned 2010-05-28T10:00:24Z
dc.date.available 2010-05-28T10:00:24Z
dc.date.issued 2009 en_US
dc.identifier 2009001704 en_US
dc.identifier.citation Zhang Guangquan et al. 2009, 'A Fuzzy Bilevel Model and a PSO-based Algorithm for Day-ahead Electricity Market Strategy Making', IOS Press, Netherlands, pp. 736-744. en_US
dc.identifier.issn 978-3-642-04591-2 en_US
dc.identifier.other E1 en_US
dc.identifier.uri http://hdl.handle.net/10453/10907
dc.description.abstract This paper applies bilevel optimization techniques and fuzzy set theory to model and support bidding strategy making in electricity markets. By analyzing the strategic bidding behavior of generating companies, we build up a fuzzy bilevel optimization model for day-ahead electricity market strategy making. In this model, each generating company chooses the bids to maximize the individual profit. A market operator solves an optimization problem based on the minimization purchase electricity fare to determine the output power for each unit and uniform marginal price. Then, a particle swarm optimization (PSO)-based algorithm is developed for solving problems defined by this model. en_US
dc.language en_US
dc.publisher IOS Press en_US
dc.relation.isbasedon http://dx.doi.org/10.1007/978-3-642-04592-9_91 en_US
dc.title A Fuzzy Bilevel Model and a PSO-based Algorithm for Day-ahead Electricity Market Strategy Making en_US
dc.parent Knowledge-Based and Intelligent Information and Engineering Systems - 13th International Conference, KES 2009 Lecture Notes in Computer Science Vol 5712 en_US
dc.journal.volume en_US
dc.journal.number en_US
dc.publocation Netherlands en_US
dc.identifier.startpage 736 en_US
dc.identifier.endpage 744 en_US
dc.cauo.name FEIT.School of Software en_US
dc.conference Verified OK en_US
dc.for 080108 en_US
dc.personcode 020014 en_US
dc.personcode 104080 en_US
dc.personcode 102497 en_US
dc.personcode 001038 en_US
dc.percentage 50 en_US
dc.classification.name Neural, Evolutionary and Fuzzy Computation en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom International Conference on Knowledge-Based and Intelligent Information and Engineering Systems en_US
dc.date.activity 20090928 en_US
dc.location.activity Santiago, Chile en_US
dc.description.keywords nonlinear bilevel optimization - fuzzy set - electricity market - strategic bidding - particle swarm algorithm en_US
dc.staffid en_US
dc.staffid 001038 en_US


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