Title :
The Strategy and Operation Research of Power Forward Options
Author :
Jiang, Li ; Tianyu, Li
Author_Institution :
Econ. & Manage. Dept., Shanghai Univ. of Electr. Power, Shanghai, China
Abstract :
The introduction of power forward option transaction in the power market not only provides a richer revenue mix for the participants, but also plays an important role in dispersing and avoiding those uncertainties of the market that they have to face, improving the controllability of transaction and enhancing the stability of the power market operation. In this paper, the strategy using of power forward option and its trading operations in the power market is analyzed and specific examples are presented.
Keywords :
power markets; power system stability; power forward option transaction; power market; stability enhancement; Companies; Electricity; Forward contracts; Loss measurement; Power markets; Power system stability; option; power forward; power market; style;
Conference_Titel :
Business Computing and Global Informatization (BCGIN), 2011 International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4577-0788-9
Electronic_ISBN :
978-0-7695-4464-9
DOI :
10.1109/BCGIn.2011.181
