Simple Model Analysis on kWh Market and ΔkW Market Assuming Tenderer's Bidding to Increase His Profit

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  • 市場参加者の利益を高める入札行動を前提としたΔkW市場含む取引結果の簡易モデル分析

Abstract

<p>After the deregulation in the power system, the electricity market gets important for the generator. There are studies which assume that the bidding price is same as the generator's marginal operation cost in the kWh market. However, the market price can be different from the marginal cost price because of the tenderer's bidding strategy to increase his profit. In the previous study, the difference is analyzed by comparing the market trading results calculated on the simple electricity market model in the several bidding assumptions. In this paper, the simple electricity market model is modified to the model considering 2 markets, and the market trading result considering not only the kWh market but also the ΔkW market is discussed by comparing the calculation results in 2 cases (Nash equilibrium case and total benefit maximization case).</p>

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