Research On The Comprehensive Bidding Strategies Of The Power Producers Both On The Electrical Energy Market And The Spinning Reserve Market

Under the electric power market environment,the electricity generation companies notonly may make a profit through the electricity generation,also may provide the ancillaryservices to make a profit,how power producers can realize the comprehensive profitmaximization from competitions both in the electricity energy market and in the ancillaryservices market,which is decided in the very great degree in what kind of bidding strategiesthey use. Based on the existing domestic and foreign research,this article has analyzed theapplication background and the premise of the comprehensive bidding strategies. In view ofthe linear bidding rules and the step-wise bidding rules,it has separately established thecomprehensive bidding models in two markets for the power producers;it simulatescompetitors' bidding strategies with probability distribution;the genetic algorithms and theMATLAB simulation are used to carry on the optimized solution. In the step-wise biddingmodel,it proposes measures with which the power producers' aggregate capacity isappropriately shared in two markets. It has analyzed the influence of the different biddingstrategies to the power producers' biggest profit and the bidding capacity. The powerproducers may choose the bidding strategy in the corresponding region own bearing capacityaccording to their likes and dislikes personally and their points of view to the risk.