Optimal Demand-Side Bidding Strategies in Electricity Spot Markets

  title={Optimal Demand-Side Bidding Strategies in Electricity Spot Markets},
  author={Ricardo Herranz and Antonio Munoz San Roque and Josex0301 Villar and Fco. Alberto Campos},
  journal={IEEE Transactions on Power Systems},
This paper proposes a methodology for determining the optimal bidding strategy of a retailer who supplies electricity to end-users in the short-term electricity market. The aim is to minimize the cost of purchasing energy in the sequence of trading opportunities that provide the day-ahead and intraday markets. A genetic algorithm has been designed to optimize the parameters that define the best purchasing strategy. The proposed methodology has been tested using real data from the Spanish day… CONTINUE READING
Highly Cited
This paper has 37 citations. REVIEW CITATIONS
29 Citations
27 References
Similar Papers


Publications citing this paper.
Showing 1-10 of 29 extracted citations


Publications referenced by this paper.
Showing 1-10 of 27 references

Electricity market equilibrium based on conjectural variations

  • C. A. Díaz, J. Villar, F. A. Campos, J. Reneses
  • Elect. Power Syst. Res., vol. 80, pp. 1572–1579…
  • 2010
1 Excerpt

Strategic bidding in sequential electricity markets

  • A. Ugedo, E. Lobato, A. Franco, L. Rouco, J. Fernández-Caro, J. Chofre
  • Proc. Inst. Elect. Eng., Gen., Transm., Distrib…
  • 2006
3 Excerpts

Similar Papers

Loading similar papers…