E3S Web Conf.
Volume 165, 20202020 2nd International Conference on Civil Architecture and Energy Science (CAES 2020)
|Number of page(s)||4|
|Section||Electrical and Power Engineering|
|Published online||01 May 2020|
Bidding strategy of power generation companies in the centralized electricity spot market
North China Electric Power University, Beijing, 102206, China
* Corresponding author: email@example.com
With the development of China’s power market reform, the spot market has gradually opened up. The spot market is characterized by volatility and uncertainty. Generators urgently need to manage spot market trading income and risks to avoid the risk of spot price fluctuations. This paper studies the bidding strategies of power generation companies in the concentrated spot market, proposes a risk-return coordination method based on the probability of winning bids and conducts case verification. The example shows that the method can assist the power generation companies to formulate bidding strategies.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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