Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/4702
Title: Aspects of generation planning in competitive electricity markets
Authors: Bikal Kumar Pokharel
Keywords: DRNTU::Engineering::Electrical and electronic engineering::Electric power::Auxiliaries, applications and electric industries
Issue Date: 2005
Source: Bikal, K. P. (2005). Aspects of generation planning in competitive electricity markets. Doctoral thesis, Nanyang Technological University, Singapore.
Abstract: In the competitive electricity market, profit driven generation companies (Gencos) need to make decisions on generation scheduling, contract evaluation, bidding strategies and risk management for various planning horizons. Power System planning tools are available for different planning levels. However, increasing uncertainty and continuously changing regulatory structure and trading rules have prevented, to a great extent, the use of such planning tools. Hence, new approaches for generation planning are being investigated to meet these requirements. In this research, various aspects of generation planning in short and medium term such as generation scheduling, contract evaluation, risk management and bidding strategies, are identified and investigated in the context of certain trading rules, types of market structures, types of generation units, contract availability, market uncertainties and risk preferences of the participants.
URI: https://hdl.handle.net/10356/4702
DOI: 10.32657/10356/4702
Rights: Nanyang Technological University
Fulltext Permission: open
Fulltext Availability: With Fulltext
Appears in Collections:EEE Theses

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