Now showing items 1-4 of 4
Empirical comparison of three models for determining market clearing prices in Turkish day-ahead electricity market
Bidders in day-ahead electricity markets want to sell/buy electricity when their bids generate positive surplus and not to take an action when the reverse holds. However, non-convexities in these markets cause conflicts ...
Electricity market structure and forecasting market clearing prices
Electricity markets are evolving into a complex competitive business environment with an increasing role of the private sector in production, consumption, and retailing of electricity. Even transmission and distribution ...
An Adaptive Tabu Search Algorithm for Market Clearing Problem in Turkish Day-Ahead Market
(IEEE Computer Society, 2018-06-27)
In this study, we focus on the market clearing problem of Turkish day-ahead electricity market. We propose a mathematical model by extending the variety of bid types for different price regions. The commercial solvers may ...
Optimizing day-ahead electricity market prices: Increasing the total surplus for energy exchange Istanbul
Problem definition: We design a combinatorial auction to clear the Turkish day-ahead electricity market, and we develop effective tabu search and genetic algorithms to solve the problem of matching bidders and maximizing ...