Title :
Transmission-Distribution Pricing Regulation Based on Yardstick Competition Incorporated with Market Equilibrium
Author :
Wang Qingran ; Zhang Lizi
Author_Institution :
Res. Center for Electr. Market, North China Electr. Power Univ., Beijing, China
Abstract :
In this paper, an incentive regulation model based on yardstick competition for the transmission-distribution (T&D) enterprises is presented which combines pricing regulation and market equilibrium. The change rate of T&D price and the elastic coefficient of electricity consumption are studied in detail which are important for the pricing regulation model. The data envelopment analysis approach (DEA) is followed to establish the model which is used to evaluate and analyze the productivity of T&D enterprises. The numerical example is given to prove its feasibility and validity.
Keywords :
data encapsulation; power markets; pricing; data envelopment analysis; elastic coefficient; electricity consumption; incentive regulation model; market equilibrium; pricing regulation model; transmission-distribution pricing regulation; yardstick competition; Bioreactors; Costs; Data envelopment analysis; Decision making; Electricity supply industry; Energy consumption; Pricing; Production; Productivity; Virtual manufacturing;
Conference_Titel :
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-4638-4
Electronic_ISBN :
978-1-4244-4639-1
DOI :
10.1109/ICMSS.2009.5301902
