DocumentCode :
2654498
Title :
A Model of Market Structure Design for Electricity Market and Its Empirical Research
Author :
Yu-long, REN ; Shao-lun, ZENG ; Song-lin, TANG
Author_Institution :
Chongqing Univ., Chongqing
fYear :
2007
fDate :
20-22 Aug. 2007
Firstpage :
1993
Lastpage :
1998
Abstract :
The market-oriented reform of the power industry is a global trend, and that of China is not an exception. Because of the complicated game relationship among various stakeholders or behavioral agents in the generation-side electricity market, it is very difficult to develop an empirical research on the market structure of the electricity industry with traditional methods. This paper develops a model of electricity market structure based on the Stackelberg game. And the optimal solution of the model is achieved. On the basis of actual situation of power industry in Chongqing, we apply the model and econometric methods to checkout whether Chongqing´s electricity market of generation-side achieves its optimal balance or not, and then to predict the optimal scale of the market.
Keywords :
econometrics; game theory; power markets; China; Stackelberg game; econometric methods; game relationship; generation-side electricity market; market structure design; market-oriented reform; power industry; Conference management; Design engineering; Electricity supply industry; Energy management; Engineering management; Game theory; Power generation; Power grids; Power industry; Toy industry; design; electricity market; market structure; model;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Management Science and Engineering, 2007. ICMSE 2007. International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-7-88358-080-5
Electronic_ISBN :
978-7-88358-080-5
Type :
conf
DOI :
10.1109/ICMSE.2007.4422132
Filename :
4422132
Link To Document :
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