{"id":"https://openalex.org/W2120037841","doi":"https://doi.org/10.1109/jsyst.2014.2320972","title":"Scenario-Based Optimal Bidding Strategies of GENCOs in the Incomplete Information Electricity Market Using a New Improved Prey\u2014Predator Optimization Algorithm","display_name":"Scenario-Based Optimal Bidding Strategies of GENCOs in the Incomplete Information Electricity Market Using a New Improved Prey\u2014Predator Optimization Algorithm","publication_year":2015,"publication_date":"2015-04-08","ids":{"openalex":"https://openalex.org/W2120037841","doi":"https://doi.org/10.1109/jsyst.2014.2320972","mag":"2120037841"},"language":"en","primary_location":{"id":"doi:10.1109/jsyst.2014.2320972","is_oa":false,"landing_page_url":"https://doi.org/10.1109/jsyst.2014.2320972","pdf_url":null,"source":{"id":"https://openalex.org/S95999327","display_name":"IEEE Systems Journal","issn_l":"1932-8184","issn":["1932-8184","1937-9234","2373-7816"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Systems Journal","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5103210931","display_name":"Bahman Bahmani-Firouzi","orcid":"https://orcid.org/0000-0002-9632-803X"},"institutions":[{"id":"https://openalex.org/I4210090965","display_name":"Islamic Azad University, Marvdasht","ror":"https://ror.org/00bqttt79","country_code":"IR","type":"education","lineage":["https://openalex.org/I4210090965"]}],"countries":["IR"],"is_corresponding":true,"raw_author_name":"Bahman Bahmani-Firouzi","raw_affiliation_strings":["Islamic Azad University, Branch, Marvdasht, Iran","Dept. of Electr. Eng., Islamic Azad Univ., Marvdasht, Iran"],"affiliations":[{"raw_affiliation_string":"Islamic Azad University, Branch, Marvdasht, Iran","institution_ids":["https://openalex.org/I4210090965"]},{"raw_affiliation_string":"Dept. of Electr. Eng., Islamic Azad Univ., Marvdasht, Iran","institution_ids":["https://openalex.org/I4210090965"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5016002133","display_name":"Sajjad Sharifinia","orcid":"https://orcid.org/0000-0002-0623-046X"},"institutions":[{"id":"https://openalex.org/I204490172","display_name":"Shiraz University of Technology","ror":"https://ror.org/04bxa3v83","country_code":"IR","type":"education","lineage":["https://openalex.org/I204490172"]}],"countries":["IR"],"is_corresponding":false,"raw_author_name":"Sajjad Sharifinia","raw_affiliation_strings":["Department of Electronics and Electrical Engineering, Shiraz University of Technology, Shiraz, Iran","Dept. of Electron. & Electr. Eng., Shiraz Univ. of Technol., Shiraz, Iran"],"affiliations":[{"raw_affiliation_string":"Department of Electronics and Electrical Engineering, Shiraz University of Technology, Shiraz, Iran","institution_ids":["https://openalex.org/I204490172"]},{"raw_affiliation_string":"Dept. of Electron. & Electr. Eng., Shiraz Univ. of Technol., Shiraz, Iran","institution_ids":["https://openalex.org/I204490172"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5089024823","display_name":"Rasoul Azizipanah\u2010Abarghooee","orcid":"https://orcid.org/0000-0002-2928-433X"},"institutions":[{"id":"https://openalex.org/I204490172","display_name":"Shiraz University of Technology","ror":"https://ror.org/04bxa3v83","country_code":"IR","type":"education","lineage":["https://openalex.org/I204490172"]}],"countries":["IR"],"is_corresponding":false,"raw_author_name":"Rasoul Azizipanah-Abarghooee","raw_affiliation_strings":["Department of Electronics and Electrical Engineering, Shiraz University of Technology, Shiraz, Iran","Dept. of Electron. & Electr. Eng., Shiraz Univ. of Technol., Shiraz, Iran"],"affiliations":[{"raw_affiliation_string":"Department of Electronics and Electrical Engineering, Shiraz University of Technology, Shiraz, Iran","institution_ids":["https://openalex.org/I204490172"]},{"raw_affiliation_string":"Dept. of Electron. & Electr. Eng., Shiraz Univ. of Technol., Shiraz, Iran","institution_ids":["https://openalex.org/I204490172"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5079822116","display_name":"Taher Niknam","orcid":"https://orcid.org/0000-0002-9391-6901"},"institutions":[{"id":"https://openalex.org/I204490172","display_name":"Shiraz University of Technology","ror":"https://ror.org/04bxa3v83","country_code":"IR","type":"education","lineage":["https://openalex.org/I204490172"]}],"countries":["IR"],"is_corresponding":false,"raw_author_name":"Taher Niknam","raw_affiliation_strings":["Department of Electronics and Electrical Engineering, Shiraz University of Technology, Shiraz, Iran","Dept. of Electron. & Electr. Eng., Shiraz Univ. of Technol., Shiraz, Iran"],"affiliations":[{"raw_affiliation_string":"Department of Electronics and Electrical Engineering, Shiraz University of Technology, Shiraz, Iran","institution_ids":["https://openalex.org/I204490172"]},{"raw_affiliation_string":"Dept. of Electron. & Electr. Eng., Shiraz Univ. of Technol., Shiraz, Iran","institution_ids":["https://openalex.org/I204490172"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5103210931"],"corresponding_institution_ids":["https://openalex.org/I4210090965"],"apc_list":null,"apc_paid":null,"fwci":2.2013,"has_fulltext":false,"cited_by_count":34,"citation_normalized_percentile":{"value":0.88945131,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"9","issue":"4","first_page":"1485","last_page":"1495"},"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/T10454","display_name":"Optimal Power Flow Distribution","score":0.9991999864578247,"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":0.9987999796867371,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/bidding","display_name":"Bidding","score":0.6884023547172546},{"id":"https://openalex.org/keywords/electricity-market","display_name":"Electricity market","score":0.6217131614685059},{"id":"https://openalex.org/keywords/mathematical-optimization","display_name":"Mathematical optimization","score":0.5538012981414795},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5193215608596802},{"id":"https://openalex.org/keywords/predator","display_name":"Predator","score":0.43513885140419006},{"id":"https://openalex.org/keywords/electricity","display_name":"Electricity","score":0.38527393341064453},{"id":"https://openalex.org/keywords/predation","display_name":"Predation","score":0.35095906257629395},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.19243380427360535},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.19201728701591492},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.15253764390945435},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.1321943998336792},{"id":"https://openalex.org/keywords/ecology","display_name":"Ecology","score":0.11654514074325562},{"id":"https://openalex.org/keywords/biology","display_name":"Biology","score":0.09202772378921509}],"concepts":[{"id":"https://openalex.org/C9233905","wikidata":"https://www.wikidata.org/wiki/Q3276328","display_name":"Bidding","level":2,"score":0.6884023547172546},{"id":"https://openalex.org/C146733006","wikidata":"https://www.wikidata.org/wiki/Q676081","display_name":"Electricity market","level":3,"score":0.6217131614685059},{"id":"https://openalex.org/C126255220","wikidata":"https://www.wikidata.org/wiki/Q141495","display_name":"Mathematical optimization","level":1,"score":0.5538012981414795},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5193215608596802},{"id":"https://openalex.org/C96857902","wikidata":"https://www.wikidata.org/wiki/Q2138108","display_name":"Predator","level":3,"score":0.43513885140419006},{"id":"https://openalex.org/C206658404","wikidata":"https://www.wikidata.org/wiki/Q12725","display_name":"Electricity","level":2,"score":0.38527393341064453},{"id":"https://openalex.org/C188382862","wikidata":"https://www.wikidata.org/wiki/Q170430","display_name":"Predation","level":2,"score":0.35095906257629395},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.19243380427360535},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.19201728701591492},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.15253764390945435},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.1321943998336792},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.11654514074325562},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.09202772378921509},{"id":"https://openalex.org/C119599485","wikidata":"https://www.wikidata.org/wiki/Q43035","display_name":"Electrical engineering","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/jsyst.2014.2320972","is_oa":false,"landing_page_url":"https://doi.org/10.1109/jsyst.2014.2320972","pdf_url":null,"source":{"id":"https://openalex.org/S95999327","display_name":"IEEE Systems Journal","issn_l":"1932-8184","issn":["1932-8184","1937-9234","2373-7816"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Systems Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W1906933964","https://openalex.org/W1968158536","https://openalex.org/W1969649482","https://openalex.org/W1973768008","https://openalex.org/W1976355338","https://openalex.org/W1977849430","https://openalex.org/W1985818432","https://openalex.org/W1999198894","https://openalex.org/W2012527739","https://openalex.org/W2017748170","https://openalex.org/W2018139040","https://openalex.org/W2032135376","https://openalex.org/W2035856692","https://openalex.org/W2037758887","https://openalex.org/W2046947258","https://openalex.org/W2047397732","https://openalex.org/W2050967556","https://openalex.org/W2068998606","https://openalex.org/W2071202467","https://openalex.org/W2074659479","https://openalex.org/W2085012746","https://openalex.org/W2086202703","https://openalex.org/W2092474870","https://openalex.org/W2097722519","https://openalex.org/W2138410623","https://openalex.org/W2147301487","https://openalex.org/W2151705052","https://openalex.org/W2153501657","https://openalex.org/W2166063259","https://openalex.org/W2171502882"],"related_works":["https://openalex.org/W4200005990","https://openalex.org/W2594610621","https://openalex.org/W2135778169","https://openalex.org/W2972708256","https://openalex.org/W2799056319","https://openalex.org/W3005545942","https://openalex.org/W4226408709","https://openalex.org/W2057386527","https://openalex.org/W2735664853","https://openalex.org/W1856294463"],"abstract_inverted_index":{"In":[0,60,87,151],"order":[1,61,152],"to":[2,22,35,38,62,141,153,164,178,193],"find":[3,179],"out":[4,180],"the":[5,32,36,42,46,55,64,70,100,119,135,143,147,166,170,175,181,187,194,205,208],"optimal":[6,188],"bidding":[7],"strategies":[8],"(BSs)":[9],"of":[10,31,57,67,75,103,169,190,207],"generating":[11],"companies":[12],"(GENCOs)":[13],"in":[14,69],"a":[15,24,81,89,157],"competitive":[16],"electricity":[17],"market,":[18],"it":[19],"is":[20,85,93,139,162,186,211],"necessary":[21],"solve":[23,165],"bilevel":[25,120,130,171],"optimization":[26,121,137,160],"problem.":[27],"The":[28],"first":[29,167],"level":[30,44,168],"problem":[33,52,122,144,172],"relates":[34],"GENCOs":[37],"strategically":[39],"bid,":[40],"and":[41,77,123,134,145,173,197],"second":[43],"solves":[45,118],"independent":[47],"system":[48],"operator's":[49],"market":[50,71],"clearing":[51],"based":[53],"on":[54],"maximization":[56],"social":[58],"welfare.":[59],"model":[63],"incomplete":[65,202],"information":[66,203],"participants":[68],"about":[72],"cost":[73],"coefficients":[74,104],"opponents":[76],"their":[78],"forecast":[79,101],"errors,":[80],"scenario-based":[82],"programming":[83],"framework":[84],"presented.":[86],"addition,":[88],"roulette":[90],"wheel":[91],"mechanism":[92],"used":[94],"for":[95],"scenario-generation":[96],"process":[97],"so":[98],"that":[99,185],"errors":[102],"are":[105,132],"considered":[106],"as":[107],"random":[108],"variables":[109],"with":[110,201],"known":[111],"probability":[112],"distribution":[113],"functions.":[114],"Then,":[115],"each":[116],"GENCO":[117],"maximizes":[124],"its":[125],"expected":[126],"profit":[127],"function.":[128],"These":[129],"problems":[131],"nonconvex,":[133],"mathematical-based":[136],"technique":[138],"unable":[140],"handle":[142],"obtain":[146],"nearly":[148],"global":[149],"optima.":[150],"resolve":[154],"this":[155],"issue,":[156],"novel":[158],"prey-predator":[159],"algorithm":[161],"suggested":[163],"using":[174],"iterative":[176],"method":[177],"supply":[182],"function":[183],"equilibrium":[184],"BSs":[189],"GENCOs.":[191],"Applying":[192],"IEEE":[195],"57-":[196],"118-bus":[198],"test":[199],"systems":[200],"studies,":[204],"performance":[206],"proposed":[209],"approach":[210],"successfully":[212],"approved.":[213]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":4},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":8},{"year":2020,"cited_by_count":5},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":5}],"updated_date":"2026-03-11T14:59:36.786465","created_date":"2025-10-10T00:00:00"}