{"id":"https://openalex.org/W4210690527","doi":"https://doi.org/10.47904/ijskit.11.2.2021.5-10","title":"Bidding Approach in Deregulated Power Market: A Review","display_name":"Bidding Approach in Deregulated Power Market: A Review","publication_year":2021,"publication_date":"2021-01-11","ids":{"openalex":"https://openalex.org/W4210690527","doi":"https://doi.org/10.47904/ijskit.11.2.2021.5-10"},"language":"en","primary_location":{"id":"doi:10.47904/ijskit.11.2.2021.5-10","doi":"https://doi.org/10.47904/ijskit.11.2.2021.5-10","is_oa":true,"landing_page_url":"https://doi.org/10.47904/ijskit.11.2.2021.5-10","pdf_url":"https://submissions.ijskit.org/index.php/ijskit/article/download/444/335/","source":{"id":"https://openalex.org/S4210218114","display_name":"SKIT Research Journal","issn_l":"2278-2508","issn":["2278-2508","2454-9673"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SKIT Research Journal","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://submissions.ijskit.org/index.php/ijskit/article/download/444/335/","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5021085923","display_name":"Manisha Saini","orcid":"https://orcid.org/0009-0007-6427-5221","observed_orcids":["https://orcid.org/0009-0007-6427-5221"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Manisha Saini","raw_affiliation_strings":["Department of Electrical Engineering, Swami Keshvanand Institute of Technology, Management & Gramothan, Jaipur-302017 (INDIA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering, Swami Keshvanand Institute of Technology, Management & Gramothan, Jaipur-302017 (INDIA","institution_ids":[]}]},{"author_position":"last","author":{"id":null,"display_name":"Ajay Bhardwaj","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ajay Bhardwaj","raw_affiliation_strings":["Department of Electrical Engineering, Swami Keshvanand Institute of Technology, Management & Gramothan, Jaipur-302017 (INDIA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Electrical Engineering, Swami Keshvanand Institute of Technology, Management & Gramothan, Jaipur-302017 (INDIA","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"11","issue":"2","first_page":"5","last_page":"5"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10424","display_name":"Electric Power System Optimization","score":1.0,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10603","display_name":"Smart Grid Energy Management","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2208","display_name":"Electrical and Electronic Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T12271","display_name":"Renewable energy and sustainable power systems","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2105","display_name":"Renewable Energy, Sustainability and the Environment"},"field":{"id":"https://openalex.org/fields/21","display_name":"Energy"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/electricity-market-bidding","display_name":"electricity market bidding","score":0.625},{"id":"https://openalex.org/keywords/deregulated-electricity-markets","display_name":"deregulated electricity markets","score":0.8220000267028809},{"id":"https://openalex.org/keywords/bidding-strategy","display_name":"bidding strategy","score":0.6269999742507935},{"id":"https://openalex.org/keywords/generation-companies","display_name":"generation companies","score":0.7689999938011169},{"id":"https://openalex.org/keywords/demand-side-bidding","display_name":"demand-side bidding","score":0.6470000147819519},{"id":"https://openalex.org/keywords/electricity-price-reduction","display_name":"electricity price reduction","score":0.3160000145435333}],"concepts":[{"id":"https://openalex.org/C9233905","wikidata":"https://www.wikidata.org/wiki/Q3276328","display_name":"Bidding","level":2,"score":0.8286887407302856},{"id":"https://openalex.org/C2775881736","wikidata":"https://www.wikidata.org/wiki/Q1274157","display_name":"Market power","level":3,"score":0.5915548205375671},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5071535110473633},{"id":"https://openalex.org/C2989491980","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Power market","level":4,"score":0.4940798580646515},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.43021678924560547},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.4273691773414612},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.39850863814353943},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.32949578762054443},{"id":"https://openalex.org/C89227174","wikidata":"https://www.wikidata.org/wiki/Q2388981","display_name":"Electric power system","level":3,"score":0.2364898920059204},{"id":"https://openalex.org/C2781127519","wikidata":"https://www.wikidata.org/wiki/Q43637","display_name":"Monopoly","level":2,"score":0.09581813216209412},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.47904/ijskit.11.2.2021.5-10","doi":"https://doi.org/10.47904/ijskit.11.2.2021.5-10","is_oa":true,"landing_page_url":"https://doi.org/10.47904/ijskit.11.2.2021.5-10","pdf_url":"https://submissions.ijskit.org/index.php/ijskit/article/download/444/335/","source":{"id":"https://openalex.org/S4210218114","display_name":"SKIT Research Journal","issn_l":"2278-2508","issn":["2278-2508","2454-9673"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SKIT Research Journal","raw_type":"journal-article"},{"id":"pmh:oai:ijskit2.milindsharma.com:article/444","doi":null,"is_oa":false,"landing_page_url":"https://submissions.ijskit.org/index.php/ijskit/article/view/444","pdf_url":null,"source":{"id":"https://openalex.org/S4210218114","display_name":"SKIT Research Journal","issn_l":"2278-2508","issn":["2278-2508","2454-9673"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"10.47904/IJSKIT.11.2.2021","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.47904/ijskit.11.2.2021.5-10","doi":"https://doi.org/10.47904/ijskit.11.2.2021.5-10","is_oa":true,"landing_page_url":"https://doi.org/10.47904/ijskit.11.2.2021.5-10","pdf_url":"https://submissions.ijskit.org/index.php/ijskit/article/download/444/335/","source":{"id":"https://openalex.org/S4210218114","display_name":"SKIT Research Journal","issn_l":"2278-2508","issn":["2278-2508","2454-9673"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SKIT Research Journal","raw_type":"journal-article"},"sustainable_development_goals":[{"display_name":"Affordable and clean energy","score":0.878000020980835,"id":"https://metadata.un.org/sdg/7"},{"display_name":"Industry, innovation and infrastructure","score":0.6773999929428101,"id":"https://metadata.un.org/sdg/9"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4210690527.pdf","grobid_xml":"https://content.openalex.org/works/W4210690527.grobid-xml"},"referenced_works_count":13,"referenced_works":["https://openalex.org/W2004606304","https://openalex.org/W2030890020","https://openalex.org/W2059130640","https://openalex.org/W2103990830","https://openalex.org/W2116224582","https://openalex.org/W2132061702","https://openalex.org/W2144771778","https://openalex.org/W2160805461","https://openalex.org/W2171502882","https://openalex.org/W2737067074","https://openalex.org/W4238998441","https://openalex.org/W4243795356","https://openalex.org/W6651432541"],"related_works":["https://openalex.org/W2526189145","https://openalex.org/W2917036233","https://openalex.org/W7096658383","https://openalex.org/W8810528","https://openalex.org/W2046690215","https://openalex.org/W3143922023","https://openalex.org/W2177969722","https://openalex.org/W1024975031","https://openalex.org/W2056476309","https://openalex.org/W2081452276"],"abstract_inverted_index":{"This":[0],"paper":[1],"is":[2,51,91,104,160,188],"based":[3,180],"on":[4,57,93,181],"bidding":[5,55,62],"techniques":[6],"in":[7,112,133,152,174,185,191],"the":[8,14,22,68,74,79,86,94,98,101,134,149,153,164,175],"deregulated":[9,27,113,136],"power":[10,18,24,28,49,114,137,154,176,186],"souk.Various":[11],"countries":[12],"throughout":[13],"world":[15],"modified":[16],"their":[17,109],"economics":[19],"to":[20,26,32,54,67,147,161],"make":[21],"regulated":[23],"system":[25,29],"(competition":[30],"based)":[31],"foster":[33],"opposition":[34],"and":[35,40,64,117,131,171],"improve":[36],"efficiency.Bidding":[37],"price":[38],"reduction":[39],"stabilization":[41],"are":[42],"provided":[43],"by":[44,129],"competition.The":[45],"profit":[46,111],"maximization":[47],"of":[48,78,97,157],"utilities":[50],"inextricably":[52],"linked":[53],"methods.Based":[56],"state-of-the-art":[58],"research,":[59],"authors":[60,142],"studied":[61],"approach":[63,167],"modelling":[65],"methodologies":[66],"various":[69],"souk":[70,76,187],"types.It":[71],"also":[72,189],"examines":[73],"competitive":[75],"model":[77],"global":[80],"energy":[81],"souk.The":[82,155],"literature":[83,178],"review":[84,179],"highlights":[85],"fact":[87],"that":[88],"most":[89],"study":[90],"focused":[92],"supply":[95],"side":[96,103],"souk,":[99,115],"while":[100],"demand":[102],"still":[105],"mostly":[106],"unexplored.To":[107],"maximise":[108],"personal":[110],"suppliers":[116],"buyers":[118],"have":[119,143],"an":[120],"appropriate":[121],"bid":[122,150,166,182],"technique.This":[123],"sparked":[124],"a":[125,139],"massive":[126],"research":[127],"effort":[128],"academics":[130],"practitioners":[132],"worlds":[135],"souks.As":[138],"result,":[140],"several":[141],"proposed":[144],"numerous":[145],"strategies":[146],"tackle":[148],"problem":[151],"purpose":[156],"this":[158,192],"work":[159],"lay":[162],"out":[163],"best":[165],"for":[168],"generation":[169],"companies":[170],"end":[172],"users":[173],"souk.A":[177],"approaches":[183],"used":[184],"included":[190],"study.":[193]},"counts_by_year":[],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2022-02-08T00:00:00"}