Supplier's optimal bidding strategy in electricity pay-as-bid auction: Comparison of the Q-learning and a model-based approach

A risk-based approach for bidding strate

A risk-based approach for bidding strategy in an electricity pay-as-bid auction

✍ Javad Sadeh; Habib Rajabi Mashhadi; Mohammad Amin Latifi 📂 Article 📅 2009 🏛 John Wiley and Sons 🌐 English ⚖ 201 KB

## Abstract With the reform of electric power industry and the development of electrical energy markets in many countries, it is of significance to develop bidding strategies for generation companies (GenCos). In this environment, one of the most challenging and important tasks for a GenCo is devel