Design of the incentive mechanism in electricity auction market based on the signaling game theory
Design of the incentive mechanism in electricity auction market based on the signaling game theory
复制标题
基于信号博弈论的电力拍卖市场激励机制设计
作者:
At present, designing a proper bidding mechanism to decrease the generators' market power is considered to be one of the key approaches to deepen the reform of the electricity market. Based on the signaling game theory, the paper analyzes the main electricity bidding mechanisms in the electricity auction markets and considers the degree of information disturbance as an important factor for evaluating bidding mechanisms. Under the above studies, an incentive electricity bidding mechanism defined as the Generator Semi-randomized Matching (GSM) mechanism is proposed. In order to verify the new bidding mechanism, this paper uses the Swarm platform to develop a simulation model based on the multi-agents. In the simulation model, the generators and purchasers use the partly superior study strategy to adjust their price and their electricity quantity. Then, the paper examines a simulation experiment of the GSM bidding mechanism and compares it to a simulation of the High-Low Matching (HLM) bidding mechanism. According to the simulation results, several conclusions can be drawn when comparing the proposed GSM bidding mechanism to the equilibrium state of HLM: the clearing price decreases, the total transaction volume increases, the profits of electricity generators decreases, and the overall benefits of purchasers increases. Index Terms—signaling game; semi-randomized matching; high-low match.
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DOI:
10.2139/ssrn.1308493
发表时间:
2008-11
期刊:
IO: Empirical Studies of Firms & Markets
影响因子:
--
作者:
S. Fridolfsson;Thomas P. Tangerås
通讯作者:
S. Fridolfsson;Thomas P. Tangerås
DOI:
10.1016/0140-6701(96)88728-5
发表时间:
1996-04
期刊:
Fuel and Energy Abstracts
影响因子:
--
作者:
F. Banks
通讯作者:
F. Banks
影响因子:
9
作者:
Cristian Carraretto
通讯作者:
Cristian Carraretto
影响因子:
11.2
作者:
D. Druce
通讯作者:
D. Druce
影响因子:
6.6
作者:
F. Stacke;P. Cuervo
通讯作者:
F. Stacke;P. Cuervo