Abstract
Based on the optimal purchase allocation problem for Price-taker purchaser in dual electric power markets, the dual markets allocation for Price-taker generator is modeled and researched while considering price risk and optimizing its profit. The method and solution of optimal total energy and dual allocation for the Price-taker generator are presented. The numerical simulation for market allocation is shown and suggestion for generator to select risk factor is also given out based on the simulation.
| Original language | English |
|---|---|
| Pages (from-to) | 12-15+31 |
| Journal | Dianli Xitong Zidonghua/Automation of Electric Power Systems |
| Volume | 28 |
| Issue number | 17 |
| State | Published - 10 Sep 2004 |
Keywords
- Market allocation
- Power market
- Price-taker generator
- Risk factor