Optimization of bidding strategy in the day-ahead market by consideration of seasonality trend of the market spot price
Omid Motamedi Sedeh, Bakhtiar Ostadi
Topics & Concepts
BiddingElectricity marketMarket clearingCluster analysisSpot contractProfit (economics)Computer scienceMonte Carlo methodEconometricsEconomicsSpot marketElectricityOperations researchMathematical optimizationMicroeconomicsEngineeringArtificial intelligenceMathematicsStatisticsFinancial economicsElectrical engineeringFutures contractElectric Power System OptimizationEnergy Load and Power ForecastingSmart Grid Energy Management