DocumentCode
1846260
Title
Optimal allocation in dual electric power markets for price-taker energy supplier
Author
Liu, Ya´an ; Xue, Yusheng ; Guan, Xiaohong
Author_Institution
Nanjing Autom. Res. Inst., China
Volume
2
fYear
2005
fDate
13-15 June 2005
Firstpage
1360
Abstract
Allocation problem is one of the most important problems faced by an electric energy supplier under new market environment. In this paper, dual markets allocation for price-taker generator is modeled and researched while considering price risk and optimizing its profit. The method and solution of optimal dual allocation for the price-taker generator is given out. The numerical simulation for market allocation is shown and suggestion for generator to select risk factor is given out based on simulation.
Keywords
electricity supply industry; power markets; pricing; risk management; electric energy supplier; electric power market; market allocation; numerical simulation; optimal dual allocation; price-taker energy supplier; price-taker generator; risk factor; Asset management; Automation; Large-scale systems; Numerical simulation; Power engineering and energy; Power markets; Power system modeling; Power system stability; Risk management; Systems engineering and theory;
fLanguage
English
Publisher
ieee
Conference_Titel
Services Systems and Services Management, 2005. Proceedings of ICSSSM '05. 2005 International Conference on
Print_ISBN
0-7803-8971-9
Type
conf
DOI
10.1109/ICSSSM.2005.1500220
Filename
1500220
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