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Can I read Sequential Coalition Formation for Wind-thermal Combined Bidding on EtoBox?
Sequential Coalition Formation for Wind-thermal Combined Bidding by Feixiang Peng; Shubo Hu; Xuanxuan Fan; Hui Sun; Wei Zhou; Furan Guo; Wenzhuo Song is a Engineering article available to read on EtoBox.
What is Sequential Coalition Formation for Wind-thermal Combined Bidding about?
Combined bidding strategies can reduce the imbalance penalty caused by wind power uncertainty. Power generation stakeholders can benefit from the combined bidding with a suitable coalition. However, the coalition formation method for wind farms with other resources is less reported. In this paper, a sequential coalition formation method is studied. The relationship constraint of wind-thermal combined bidding in a day-ahead market is described by the star graph. Technique for order preference by similarity to ideal solution (TOPSIS) is used to rank the thermal power plants considering multiple evaluation criteria. On the basis of the star graph and the TOPSIS, the coalition structure graph (CSG) is simplified. An actual wind farm and five thermal power plants in northeast China are utilized to verify the effectiveness and practicability of the proposed method. The results show that the proposed method can reduce the computational complexity of coalition formation. When wind power deviations are 0.1, 0.2, 0.3, and 0.4, the retrieval coalition structures are only 4.93%, 4.93%, 6.40%, and 7.39% of those in the basic CSG. The utilities of the formed coalitions have increment rates of 1.
Who reads Sequential Coalition Formation for Wind-thermal Combined Bidding?
It is typically read by researchers, students, and practitioners in Engineering.
- Author
- Feixiang Peng; Shubo Hu; Xuanxuan Fan; Hui Sun; Wei Zhou; Furan Guo; Wenzhuo Song
- Published
- 2021
- Language
- EN
- Field
- Engineering (Physical Sciences)