Learning of power supply strategies in futures markets considering day-ahead markets

DOI

Bibliographic Information

Other Title
  • 一日前市場を考慮した先物市場における電力供給戦略の学習

Abstract

<p>This paper considers power supply strategies in futures markets in the presence of day-ahead markets, whose participating companies bid their supply curve and amount of futures transactions given by an iterative learning method. In particular, we analyze the relationship between the supply strategies and the resulting contracts through simulation. The results reveal that generating companies joining futures markets will reduce their bid price in day-ahead markets close to marginal price, but that the only company attending futures markets tends to heighten the corresponding spot price conversely. We also demonstrate the effectiveness of a dynamic learning of contract strategies in futures markets.</p>

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Details 詳細情報について

  • CRID
    1390001205648643584
  • NII Article ID
    130005312383
  • DOI
    10.11511/jacc.59.0_161
  • Text Lang
    ja
  • Data Source
    • JaLC
    • CiNii Articles
  • Abstract License Flag
    Disallowed

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