DocumentCode :
3468518
Title :
Approach on pricing electricity for large consumers based on hedonic price model
Author :
Zhou, Ming ; Li, Xiangxin ; Li, Gengyin
fYear :
2008
fDate :
6-9 April 2008
Firstpage :
348
Lastpage :
354
Abstract :
With the start of trial operation of direct purchasing electricity for large consumers in China, the method on how to price electricity is of vital theoretical and practical significance. Hedonic electricity pricing method is proposed to calculate the implicit prices of different characteristics of electricity. Based on the proposed model, the prices of electricity production cost, power quality and reliability characteristics are obtained. Comparing with the two-part pricing method, the hedonic electricity price model uses multiple electricity characteristics to make the electricity purchase price, instead of using single electric energy. Numerical examples show that the proposed approach can make purchase price more reasonable and fair.
Keywords :
power markets; pricing; purchasing; China; electricity production cost; electricity purchase price; hedonic electricity pricing method; hedonic price model; power quality; Contracts; Costs; Electricity supply industry deregulation; Energy consumption; Monopoly; Power generation; Power quality; Power system reliability; Pricing; Production; consumer direct purchasing electricity; electricity market; electricity multi-characteristics; electricity pricing; hedonic price model large;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Electric Utility Deregulation and Restructuring and Power Technologies, 2008. DRPT 2008. Third International Conference on
Conference_Location :
Nanjuing
Print_ISBN :
978-7-900714-13-8
Electronic_ISBN :
978-7-900714-13-8
Type :
conf
DOI :
10.1109/DRPT.2008.4523430
Filename :
4523430
Link To Document :
بازگشت