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Content Provider | IEEE Xplore Digital Library |
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Author | Quan Qi Xue Li Yuzeng Li |
Copyright Year | 2008 |
Description | Author affiliation: Dept. of Autom., Shanghai Univ., Shanghai (Quan Qi; Xue Li; Yuzeng Li) |
Abstract | Interruptible load contract is an effective tool to evade the risk of market price of power companies in electricity market. Based on the mechanism design theory, this paper develops an incentive interruptible load contract model for discrete customer types, which takes risk preference of power companies into account. The proposed model will lead customers to voluntarily reveal their true customer types, and choose the right contracts. A numerical example is presented to verify the effectiveness of the proposed model. |
Starting Page | 587 |
Ending Page | 591 |
File Size | 450095 |
Page Count | 5 |
File Format | |
ISBN | 9787900714138 |
DOI | 10.1109/DRPT.2008.4523474 |
Language | English |
Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
Publisher Date | 2008-04-06 |
Publisher Place | China |
Access Restriction | Subscribed |
Rights Holder | DRPT |
Subject Keyword | Contracts Electricity supply industry Load modeling Costs Electricity supply industry deregulation Bridges Power generation Power systems Fluctuations Supervisory control risk preference Certain equivalent electricity market interruptible load mechanism design |
Content Type | Text |
Resource Type | Article |
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