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
fDate :
6/24/1905 12:00:00 AM
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"
Conference_Titel :
Power Engineering Society Summer Meeting, 2002 IEEE
Print_ISBN :
0-7803-7518-1
DOI :
10.1109/PESS.2002.1043269
