NDLI: An Analysis of Game of Electricity Trade in Electricity Power Market

Content Provider	IEEE Xplore Digital Library
Author	Wang Honglei Wei Yiming
Copyright Year	2007
Description	Author affiliation: Chinese Acad. of Sci., Beijing (Wang Honglei; Wei Yiming)
Abstract	Competition has been introduced into electricity power area by electricity industry, style of generating and transmitting electricity converts from vertical unity distribution to commercial exchange. In the game with power generating corporation, power grid corporation should not only make its rivals to reduce generating cost to increase consumer surplus but also encourage them to raise electricity investment so that supply duty is insured, thus, setting up appropriate time of contract electricity is as important as establishment of electricity price. During which time, electricity power corporation should be able to recover its investment, also, the time should not be so long that present corporation can form market power by expanding manufacturing ability with the long-time tract; we set up a model of game of the regional market business transactions between power grid corporation and electricity power corporation and make an analysis; method of iteration is used to calculate appropriate contract time for investment recovering of Anshun and Tianshengqiao power stations. The Anshun station is building a new station and expanding its old one, while the later is building a new station. We have uses algorithms to calculate and examine the model of game.
Starting Page	133
Ending Page	137
File Size	559430
Page Count	5
File Format	PDF
ISBN	9787811240559
DOI	10.1109/CHICC.2006.4346827
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2007-07-26
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Energy consumption Costs Electricity Power Market Electricity Trade Power grids Game Investments Contract Time Energy conversion Electricity supply industry Power markets Power generation Mesh generation Contracts
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
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3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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