caa a22 4500 378912054 CHVBK 20180305123544.0 cr unu---uuuuu 161128e20040923xx s 000 0 eng 10.2202/1553-779X.1004 doi (NATIONALLICENCE)gruyter-10.2202/1553-779X.1004 Assessment of Risk involved with Bidding Strategies of a Genco in a Day Ahead Market [Elektronische Daten] [R. G. Karandikar, A. R. Abhyankar, S. A. Khaparde, P. Nagaraju] In a deregulated power industry a Genco bids in the optimal fashion in a day ahead market. The net gain is decided by Market Clearing Price (MCP) which in turn is dictated by other participants and prevailing market conditions. In this paper, the feasible set of bid strategies is evaluated for risk. Risk is quantified as the variation from expected amount of return from the market settlements for an hour. The problem is formulated for multiple participants using efficient frontier method. The risk evaluation is done for two sample systems with three and six Gencos. The results help in choosing a maximum return with minimum risk policy. ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston Bidding Strategies nationallicence Market Clearing Price nationallicence Risk Assessment nationallicence Efficient Frontier nationallicence Karandikar R. G. Indian Institute of technology Bombay, Mumbai, India aut Abhyankar A. R. Indian Institute of Technology Bombay, India aut Khaparde S. A. Indian Institute of Technology, Bombay aut Nagaraju P. Imperial College, London aut International Journal of Emerging Electric Power Systems De Gruyter 1/1(2004-09-23) 1:1 2004 1 ijeeps https://doi.org/10.2202/1553-779X.1004 text/html Onlinezugriff via DOI 1 research article jats NATIONALLICENCE 856 40 https://doi.org/10.2202/1553-779X.1004 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Karandikar R. G. Indian Institute of technology Bombay, Mumbai, India aut NATIONALLICENCE 700 1- Abhyankar A. R. Indian Institute of Technology Bombay, India aut NATIONALLICENCE 700 1- Khaparde S. A. Indian Institute of Technology, Bombay aut NATIONALLICENCE 700 1- Nagaraju P. Imperial College, London aut NATIONALLICENCE 773 0- International Journal of Emerging Electric Power Systems De Gruyter 1/1(2004-09-23) 1:1 2004 1 ijeeps CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-gruyter