Azmi Saleh, Takao Tsuji, Tsutomu Oyama
Problem statement: In a competitive electricity market with limited number of producers, Generation Companies (Gencos) is facing an oligopoly market rather than a perfect competition. Under oligopoly...
Azmi Saleh, Takao Tsuji, Tsutomu Oyama
Problem Statement: Deregulation power systems have been force to change their structures, from vertically integrated to open market systems. Each generation company (Genco) is required to compete...