Title :
Operation in deregulated power systems with independent power producers
Author :
Geerli ; Chen, L. ; Yokoyama, R.
Author_Institution :
Tokyo Metropolitan Univ., Japan
Abstract :
Summary form only given. This paper aims to propose a game theoretical negotiation method to provide rational decisions of the power exchange for purchases and sales between electric utilities and independent power producers (IPPs) as well as prices of the electrical energy under a competitive environment, in contrast to the conventional equalizing incremental cost rule.
Keywords :
electric power generation; electricity supply industry; game theory; load flow; power system economics; tariffs; competitive environment; deregulated power system operation; electric utilities; electrical energy prices; game theoretical negotiation method; independent power producers; power purchases; power sales; rational power exchange decisions; Costs; Decision feedback equalizers; Game theory; Industrial economics; Marketing and sales; Nash equilibrium; Power markets; Power system economics; Power system modeling; Power systems;
Conference_Titel :
Electric Power Engineering, 1999. PowerTech Budapest 99. International Conference on
Conference_Location :
Budapest, Hungary
Print_ISBN :
0-7803-5836-8
DOI :
10.1109/PTC.1999.826441
