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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Zhang, Y.B. Luo, X.J. Xue, J.Y. |
| Copyright Year | 2002 |
| Description | Author affiliation: Sch. of Electr. Eng., Xi'an Jiaotong Univ., China (Zhang, Y.B.) |
| Abstract | This paper presents a model and a solving method for obtaining the expected Cournot equilibrium state of power outputs for generation companies under the technical constraint conditions. In this paper, we assume each generation company knows the market inverse demand function and has several estimated cost functions for each generation unit of the other companies. A modified Cournot noncooperative game model is used to determine the expected equilibrium state of the oligopoly electricity market. The expected equilibrium state can be obtained using the Kuhn-Tucker (KT) vector optimization theorem. An example has been done to demonstrate the model. The test results show the proposed methodology is a useful tool for generation companies to optimize their resources and make their decisions. |
| Sponsorship | IEEE Power Eng. Soc. (IEEE PES) Chinese Soc. Electr. Eng. (CSEE) China Electric Power Res. Inst. IEEE/PES Beijing Chapter |
| Starting Page | 2385 |
| Ending Page | 2389 |
| File Size | 326773 |
| Page Count | 5 |
| File Format | |
| ISBN | 0780374592 |
| DOI | 10.1109/ICPST.2002.1047212 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2002-10-13 |
| Publisher Place | China |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Electricity supply industry Power generation Production Power system modeling Testing Electronic mail Electricity supply industry deregulation Mathematical model Game theory Predictive models |
| Content Type | Text |
| Resource Type | Article |
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