Nonlinear Complementarity Approach to Capacity Allocation Problem in Reserve Markets
Year: 2006
Journal of Information and Computing Science, Vol. 1 (2006), Iss. 3 : pp. 183–188
Abstract
In competitive electric reserve markets, the suppliers face the optimal allocation problem of their reserve capacities in order to purse their profit maximizing. Under this background, we develop a capacity allocation model as nonlinear programming. Nonlinear complementarity method is utilized to search for the optimal solution. And smoothing technique is applied to get a system of smooth equations, which can be solved by the Newton method. Numerical result shows the validity of the method.
Journal Article Details
Publisher Name: Global Science Press
Language: English
DOI: https://doi.org/2024-JICS-22843
Journal of Information and Computing Science, Vol. 1 (2006), Iss. 3 : pp. 183–188
Published online: 2006-01
AMS Subject Headings:
Copyright: COPYRIGHT: © Global Science Press
Pages: 6