Study On Bidding Strategies Of Spinning Reserve Of Ancillary Service For Power Enterprise

The content of Chinese electricity power informs is"Separation of power plant from electric network, connection to the national network by price competition". With the reform of power market, the electricity generation companies not only can make profit through the electricity generation, but also can make profit through providing the ancillary services. And as a kind of ancillary service, the bidding of spinning reserve is not only general but also special. So it is important to study on the bidding strategy for electricity generation companies on spinning reserve. On the basis of former research of home and abroad scholar, introduces the concept and classification of ancillary service and reserve, analyses spinning reserve market and generating cost opportunity cost of bidding in reserve market. Get the probability distribution function of MCP of spinning reserve by using data fitting. Aiming at sequential dispatch, establish bidding model of spinning reserve based on profit maximization ,at last use PSO algorithm solve the example ,get the best bidding strategy.