“…Figure 3: Coordination procedure in a deregulated power system Since the opening up to competition, the GMS problem in deregulated power systems has been widely studied (Badri and Niazi, 2012;Barot and Bhattacharya, 2008;Billinton and Abdulwhab, 2003;Bisanovic et al, 2011;Chattopadhyay, 2004b,a;Conejo et al, 2005;Elyas et al, 2013;Eshraghnia et al, 2006;Feng et al, 2009;Fu et al, 2007;Geetha and Shanti Swarup, 2009;Han et al, 2011;Kim et al, 2005;Shahidehpour, 1999a,b, 2000b,a;Min et al, 2013;Wu et al, 2008;Zhan et al, 2014). The problem has globally the same constraints as for the vertically integrated case.…”