DocumentCode
758940
Title
Probabilistic optimality in long-term energy sales
Author
Campo, R.A.
Author_Institution
Florida Atlantic Univ., Boca Raton, FL, USA
Volume
17
Issue
2
fYear
2002
fDate
5/1/2002 12:00:00 AM
Firstpage
237
Lastpage
242
Abstract
This paper introduces a graphic methodology that makes it possible to compare over a wide range of probabilities the revenues that a generator obtains using different policies to decide how much energy to sell under long-term contracts and how much on the spot market. Examples are based on results for the Colombian Power System
Keywords
contracts; electricity supply industry; power system economics; probability; Colombian Power System; electricity markets policies; long-term contracts; long-term energy sales; power generator; probabilistic optimality; revenues; spot market; Commercialization; Contracts; Costs; Graphics; Helium; Hydrology; Marketing and sales; Power system analysis computing; Power systems; Reservoirs;
fLanguage
English
Journal_Title
Power Systems, IEEE Transactions on
Publisher
ieee
ISSN
0885-8950
Type
jour
DOI
10.1109/TPWRS.2002.1007887
Filename
1007887
Link To Document