• DocumentCode
    2987449
  • Title

    Long Term Evolutionary Game Analysis of Pricing in Electricity Market

  • Author

    Wang, Shuying

  • Author_Institution
    Sch. of Inf., Beijing Union Univ., Beijing, China
  • fYear
    2011
  • fDate
    12-14 Aug. 2011
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Currentyly¿Cthe electricity markets of most countries and regions are still at starting or developing stage. Correspondingly, many laws and regulations of electric market are still not complete, and the electricity market is still in dynamic state of development and evolution. In this paper, a electricty market evolution game model is introduced and analysis. The result indicate that by comparing of the revenue matrix of electricity generators, it can be found that PAB is the best way for promoting the stability of electricity price when the electricy is in short supply. While the MCP for electrity supplier can be best choice for promoting the electric market to stabilize the development of the equilibrium.
  • Keywords
    game theory; power markets; pricing; electricity generators; electricity market; electrity supplier; evolution game model; long term evolutionary game analysis; pricing; Electricity; Evolution (biology); Game theory; Games; Power generation; Power system dynamics; Pricing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science (MASS), 2011 International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-6579-8
  • Type

    conf

  • DOI
    10.1109/ICMSS.2011.5999438
  • Filename
    5999438