{"title":"Optimal allocation in dual electric power markets for price-taker energy supplier","authors":"Ya'an Liu, Y. Xue, X. Guan","doi":"10.1109/ICSSSM.2005.1500220","DOIUrl":null,"url":null,"abstract":"Allocation problem is one of the most important problems faced by an electric energy supplier under new market environment. In this paper, 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 dual allocation for the price-taker generator is given out. The numerical simulation for market allocation is shown and suggestion for generator to select risk factor is given out based on simulation.","PeriodicalId":389467,"journal":{"name":"Proceedings of ICSSSM '05. 2005 International Conference on Services Systems and Services Management, 2005.","volume":"61 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2005-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of ICSSSM '05. 2005 International Conference on Services Systems and Services Management, 2005.","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/ICSSSM.2005.1500220","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 1
Abstract
Allocation problem is one of the most important problems faced by an electric energy supplier under new market environment. In this paper, 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 dual allocation for the price-taker generator is given out. The numerical simulation for market allocation is shown and suggestion for generator to select risk factor is given out based on simulation.
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