IEEE - Institute of Electrical and Electronics Engineers, Inc. - Model and data analysis of two-settlement electricity market with virtual bidding

2016 IEEE 55th Conference on Decision and Control (CDC)

Author(s): Wenyuan Tang ; Ram Rajagopal ; Kameshwar Poolla ; Pravin Varaiya
Publisher: IEEE - Institute of Electrical and Electronics Engineers, Inc.
Publication Date: 1 December 2016
Conference Location: Las Vegas, NV, USA
Conference Date: 12 December 2016
Page(s): 6,645 - 6,650
ISBN (Electronic): 978-1-5090-1837-6
ISBN (DVD): 978-1-5090-1844-4
DOI: 10.1109/CDC.2016.7799292
Regular:

Systematic nonzero spreads, defined as the differences between day-ahead and real-time prices, are routinely observed in the wholesale electricity markets. Virtual bidding is a financial mechanism... View More

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