UGC Approved Journal no 63975(19)
New UGC Peer-Reviewed Rules

ISSN: 2349-5162 | ESTD Year : 2014
Volume 13 | Issue 3 | March 2026

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Published in:

Volume 7 Issue 11
November-2020
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2011440


Registration ID:
546145

Page Number

65-73

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Title

ENHANCING FAIRNESS AND TRANSPARENCY IN ELECTRICITY MARKETS: DETECTING COLLUSION WITH MACHINE LEARNING

Abstract

In the realm of electricity markets, ensuring fair energy distribution is paramount for efficiency, yet collusion among generation firms poses a significant threat. Our proposed method combats this by identifying potential collusion scenarios and computing market equilibriums, bolstering collusion detection. Unlike traditional supervised learning techniques, we leverage deep learning, specifically deep neural networks (DNNs) and recurrent neural networks (RNNs), to capture intricate market patterns more effectively. Our approach, evaluated on various test systems, exhibits superior collusion detection efficacy, highlighting the potency of deep learning in maintaining market transparency and fairness. This innovation equips Independent System Operators (ISOs) with a robust tool for energy distribution, as deep learning excels in discerning complex market dynamics. Overall, our findings herald the integration of deep learning as a significant stride in fortifying the resilience and equity of electricity markets.

Key Words

Support vector machine, algorithms, deep neural networks and RNN

Cite This Article

"ENHANCING FAIRNESS AND TRANSPARENCY IN ELECTRICITY MARKETS: DETECTING COLLUSION WITH MACHINE LEARNING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 11, page no.65-73, November-2020, Available :http://www.jetir.org/papers/JETIR2011440.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"ENHANCING FAIRNESS AND TRANSPARENCY IN ELECTRICITY MARKETS: DETECTING COLLUSION WITH MACHINE LEARNING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 11, page no. pp65-73, November-2020, Available at : http://www.jetir.org/papers/JETIR2011440.pdf

Publication Details

Published Paper ID: JETIR2011440
Registration ID: 546145
Published In: Volume 7 | Issue 11 | Year November-2020
DOI (Digital Object Identifier):
Page No: 65-73
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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