Risk evaluation of electricity price and its sensitivity analysis after deregulation

PowerCon 2002 - 2002 International Conference on Power System Technology, Proceedings

Volumn 3, Issue , 2002, Pages 1377-1382

  Bai, Lichao ^a   Kang, Chongqing ^a   Xia, Qing ^a  

^a TSINGHUA UNIVERSITY   (China)

Author keywords

distribution functions; electricity market; risk analysis; sensitivity analysis

Indexed keywords

DISTRIBUTION FUNCTIONS; ELECTRIC INDUSTRY; NUMERICAL METHODS; POWER MARKETS; RISK ASSESSMENT; SENSITIVITY ANALYSIS;

ELECTRICITY PRICES; MARKET CLEARING PRICES; MARKET RISKS; PRICE RISKS; RISK EVALUATION; SIMPLE MODELING; SYSTEM LOADS;

RISK ANALYSIS;

EID: 84969791862     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1109/ICPST.2002.1067755     Document Type: Conference Paper

References (10)

1. C. Q. Kang, Q. Xia, and N. D. Xiang. "Sequence operation theory and its application in power system reliability evaluation," Reliability Engineering and System Safety. Accepted and to be published.
2. L. C Bai, C. Q. Kang, Q. Xia et al. "Aanalysis om the uncertainty of electricity price," Proceedings of the CSEE (Chinese Society for Electrical Engineering), vol. 22, pp. 36-41, May. 2002.(In Chinese)
3. R. J. Kaye, H. R. Outhred, C. H. Bannister. "Forward contracts for the operation of an electricity industry under spot pricing", IEEE Transactions on Power System, Vol.5, No. 1, pp. 46-52, Feb. 1990
4. Thomas W. Gedra. "Optional forward contracts for electric power markets", IEEE Transactions on Power Systems, Vol.9, No.4, pp. 1766-1773, Nov. 1994
5. Roger Bjorgan, Haili Song, Chen-Ching Liu, Robert Dahlgren. "Pricing flexible electricity contracts", IEEE Transactions on Power Systems, Vol. 15, No.2, pp. 477-482, May 2000
6. John W. M. Cheng, Francisco D. Galiana (F), Donald T. McGillis. "Studies of bilateral contracts with respect to steady-state security in a deregulated environment," IEEE Transactions on Power Systems, vol. 13, No. 3, pp. 1020-1025, Aug. 1998
7. Charles W. Richter, Gerald B. Sheblé, Dan Ashlock. "Comprehensive bidding strategy with Genetic Programming/Finite state automata," IEEE Transactions on Power Systems, vol. 14, No. 4, pp. 1207-1212, Nov. 1999
8. Xiaohong Guan, Yu-Chi Ho, Fei Lai. "An ordinal optimization based bidding strategy for electric suppliers in the daily energy market," IEEE Transactions on Power Systems, vol. 16, No. 4, pp. 788-797, Nov. 2001
9. Dennis Ray, Elieen Cashman. "Operational risks, bidding strategies and information policies in restructured power markets," Decision Support System, vol. 24, pp. 175-182, 1999
10. C. Q. Kang, "Research on Integrate Resource Planning," Ph D. dissertation, Dept. Electrical. Eng., Univ. Tsinghua, College Park, 1997.