• 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