A genetic algorithm solution of the mathematical model of the Turkish day ahead market for electricity

Day Ahead Market is a trade mechanism where the hourly wholesale electricity price (Market Clearing Price) is determined one day before the real time by evaluating the hourly based generation and consumption offers in the direction of buying and selling to the market by an operator (market operator) operating the market. The price can be determined for one or more geographically defined regions. In order to determine the price, the market operator needs to know the price levels for each hour, and the generation or consumption amount corresponding to each price level. If the price is determined for more than one region, the transmission line capacities between the regions must be known. In this study, the mathematical model of Turkish Electricity Day Ahead Market will be solved by genetic algorithm and the results will be avaluated.