Incorporated Multi-State Nash Equilibriums For The Generation Allocation Considered Ramp Rate In the Competitive Power Market

경쟁적 전력시장에서 Ramp-rate를 고려한 발전량배분의 다중시간 통합 내쉬균형

This paper presents a methodology to find the profit maximized Nash Equilibriums of each generator(or GenCo), which considers the Ramp-rate of each generator under a competitive market environment. The ramp-rate of a generator is one of the physical or technical constraints of a generator and means the ability to increase or decrease the output instantaneously. In this paper, we found several Nash Equilibriums of the generation allocation problem through Dynamic Programming in a competitive market. Individual generators participate in a game to maximize its profit through competitions and play a game with bidding strategies of its generation quantities in a spot market.