Optimal Bidding Strategy in Competitive Market Using GA & BFA : A Comparative Study

@inproceedings{Dwibhashyam2012OptimalBS,
  title={Optimal Bidding Strategy in Competitive Market Using GA & BFA : A Comparative Study},
  author={S Prakash Dwibhashyam and Ch. Rambabu},
  year={2012}
}
–The electricity markets have been restructured to improve the efficiency. Bidding by gencos is one such challenge. Because of competition gencos are devoid of information about their competitors while developing their respective bids. Bacterial foraging algorithm is proposed to determine the optimal bidding strategy in competitive auction market. The… CONTINUE READING