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《Automation of Electric Power Systems》 2004-19
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Wan Zhongping , Xiao Changyu , Wang Xianjia , Xiao Keqiang , Huang Yaogui , Peng Xiangyang ( Wuhan University, Wuhan 430072, China) ( Huazhong Electric Power Dispatching and Communication Center, Wuhan 430071, China)  
A stochastic bilevel programming model and its algorithm of optimal bidding strategies, between power seller and buyer for contracting arrangements of the long-term contracts and the spot markets transactions under uncertain electricity spot market, is proposed. According to the results of the model, the power seller can decide an appropriate contract price and capacity so that the maximal profit is obtained, the power buyer can select the optimal contract capacity and spot-market capacity in order to achieve their maximum utility. Lastly, the conclusion is given and the further research problems are discussed.
【Fund】: 国家自然科学基金资助项目(70371032 60274048)。
【CateGory Index】: F407.6
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