TY - JOUR
T1 - Nonlinear Complementarity Approach to Capacity Allocation Problem in Reserve Markets
AU - 
JO - Journal of Information and Computing Science
VL - 3
SP - 183
EP - 188
PY - 2024
DA - 2024/01
SN - 1
DO - http://doi.org/
UR - https://global-sci.org/intro/article_detail/jics/22843.html
KW - Nonlinear Complementarity, Portfolio Theory, Reserve Market. 

AB - 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.