• DocumentCode
    3614023
  • Title

    Co-generation in a competitive market

  • Author

    B. Pribicevic;B. Krasenbrink;H.-J. Haubrich

  • Author_Institution
    Inst. of Power Syst. & Power Econ., Aachen Univ. of Technol., Germany
  • Volume
    1
  • fYear
    2002
  • fDate
    6/24/1905 12:00:00 AM
  • Firstpage
    422
  • Abstract
    Municipal utilities, mostly of a small scale and in possession of co-generation units, are faced by new uncertainties in the liberalized electricity market. These include, among others, the purchase price risks that is especially important for the utilities considered. This paper presents a method for optimal planning of both generation and market activities in municipal cogeneration systems by taking the new market inherent price risks explicitly into account.
  • Keywords
    "Power system economics","Power generation economics","Fluctuations","Electricity supply industry","Power generation","Forward contracts","Power markets","Costs","Predictive models","Uncertainty"
  • Publisher
    ieee
  • Conference_Titel
    Power Engineering Society Summer Meeting, 2002 IEEE
  • Print_ISBN
    0-7803-7518-1
  • Type

    conf

  • DOI
    10.1109/PESS.2002.1043269
  • Filename
    1043269