A penalty scheme for reducing electricity price volatility

IEEE Transactions on Power Systems

Volumn 25, Issue 1, 2010, Pages 223-233

  Ding, Yi ^a   Wang, Peng ^a   Goel, Lalit ^a   Chen, Luonan ^b   Loh, Poh Chiang ^a  

^a NANYANG TECHNOLOGICAL UNIVERSITY   (Singapore)

^b OSAKA SANGYO UNIVERSITY   (Japan)

Author keywords

Decomposition; Deregulation; Electricity price; Penalty; Power market; Reliability; Volatility

Indexed keywords

CONTINGENCY STATE; CONVENTIONAL POWER; DECOMPOSITION TECHNIQUE; DEREGULATED ENVIRONMENTS; ELECTRICITY PRICES; ELECTRICITY PRICING; EQUIPMENT FAILURES; FIXED PRICES; FLEXIBLE TOOL; GENERATION COMPANIES; HIGH PRICE; INDEPENDENT SYSTEM OPERATORS; NORMAL STATE; PENALTY; POWER MARKET; POWER MARKETS; PRICE CHANGES; PRICE RISKS; PROFIT ANALYSIS; RANDOM FAILURES; RESTRUCTURED POWER SYSTEMS; SIGNIFICANT IMPACTS; SYSTEM FAILURES; SYSTEM OPERATION; TRANSMISSION COMPANIES;

DECISION MAKING; DEREGULATION; ELECTRIC POWER SYSTEMS; ELECTRIC UTILITIES; ELECTRICITY; PROFITABILITY; RELIABILITY; SYSTEMS ENGINEERING; TROPICAL ENGINEERING;

COSTS;

EID: 76649115888     PISSN: 08858950     EISSN: None     Source Type: Journal    
DOI: 10.1109/TPWRS.2009.2032323     Document Type: Article

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