Block bidding mechanism incorporating demand side participation

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

2 Scopus citations

Abstract

With respect to characteristics of block trading rules, integrating various implementation mechanisms of demand side bidding (DSB), block bidding mechanism is extended to demand side and theory framework of block bidding mechanism incorporating demand side participation is proposed. Based on electricity pool pattern and with block bidding rules, electricity sellers and buyers can perform electricity trading in bilateral block bidding electricity markets. Furthermore, this paper analyzes implementation scheme of bilateral block bidding in detail, including block classification method, bidding rules and market clearing algorithm etc. The framework is beneficial to effective demand side participation in electricity markets, strengthens the relation between electricity supply and demand, and enhances energy trades efficiency.

Original languageEnglish
Title of host publicationTransmission and Distribution Conference and Exposition
Subtitle of host publicationAsia and Pacific, T and D Asia 2009
DOIs
StatePublished - 16 Dec 2009
EventTransmission and Distribution Conference and Exposition: Asia and Pacific, T and D Asia 2009 - Seoul, Korea, Republic of
Duration: 26 Oct 200930 Oct 2009

Publication series

NameTransmission and Distribution Conference and Exposition: Asia and Pacific, T and D Asia 2009

Conference

ConferenceTransmission and Distribution Conference and Exposition: Asia and Pacific, T and D Asia 2009
Country/TerritoryKorea, Republic of
CitySeoul
Period26/10/0930/10/09

Keywords

  • Bilateral block bidding
  • Block bidding
  • Demand response
  • Demand side bidding

Fingerprint

Dive into the research topics of 'Block bidding mechanism incorporating demand side participation'. Together they form a unique fingerprint.

Cite this