Optimal Dispatch of Generation, Spinning Reserve and Load Under Competitive Environment Using Genetic Algorithm...

approach for determining spinning reserve requirements considering customer s desired reliability level in a pool energy and reserve market. An approach is also developed to fairly allocate the cost associated with provision of spinning reserve amongst...

Owing to the interaction between energy and spinning reserve markets, designing proper bid functions and offering

optimal prices to these markets is economically a challenging task from generation companies (GenCos) point of view...

Strategic bidding in joint energy and spinning reserve markets is a challenging

task from the viewpoint of Generation Companies (GenCos). In this paper, the interaction

between energy and spinning reserve markets is modeled considering...