Study on stochastic optimal electric power procurement strategies with uncertain market prices

Electrical Engineering in Japan (English translation of Denki Gakkai Ronbunshi)

Volumn 156, Issue 2, 2006, Pages 32-42

  Siripatanakulkhajorn, Sakchai ^a,b   Saisho, Yuichi ^a,c   Fujii, Yasumasa ^a   Yamaji, Kenji ^a,d  

^a UNIVERSITY OF TOKYO   (Japan)

^b Matsushita Denko   (Thailand)

^c TOHOKU UNIVERSITY   (Japan)

^d Japan Nuclear Power Society   (Japan)

Author keywords

Bilateral contract; Electricity market; Own generator; Procurement cost; Uncertainty of electric power price

Indexed keywords

BILATERAL CONTRACT; ELECTRICITY MARKET; OWN GENERATOR; PROCUREMENT COST; UNCERTAINTY OF ELECTRIC POWER PRICE;

CONSUMER PRODUCTS; COST EFFECTIVENESS; DEREGULATION; ELECTRIC UTILITIES; MATHEMATICAL MODELS; OPTIMIZATION; POWER GENERATION; POWER TRANSMISSION; STOCHASTIC PROGRAMMING;

ELECTRIC POWER DISTRIBUTION;

EID: 33745147914     PISSN: 04247760     EISSN: 15206416     Source Type: Journal    
DOI: 10.1002/eej.20105     Document Type: Article

References (5)

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4. Dixit AK, Pindyck RS. Investment under uncertainty. Princeton University Press; 1994.
5. Morihira S, Kojima H. Computational finance. Asakura Press; 1999.