NDLI: Sale Decision-Making Model of United Operation between Hydropower and Thermal Power Considering Uncertain Factors

Content Provider	IEEE Xplore Digital Library
Author	Guan Yong Tan Zhong-fu Wang Mian-bin Xiao-jun, L.
Copyright Year	2008
Description	Author affiliation: Southern Grid Int. Co., Ltd., Guangzhou, China (Xiao-jun, L.) \|\| Inst. of Electr. Econ., North China Electr. Power Univ., Beijing, China (Guan Yong; Tan Zhong-fu; Wang Mian-bin)
Abstract	This electronic document is a "live" template. The paper studies the balance between benefits and risks, when such a generator sales electricity in many trade markets. Firstly, the uncertain risk faced by this generator selling electricity in spot market, contract market and option market will be measured with conditional value at risk (CVaR) theory. Secondly, the mean-CVaR sale portfolio optimal model is constructed with considering the risk and expectation benefits of this generator based on investment portfolio theory. At last, calculation results show that the proposed model can truly reflect the essential characters of the market risk faced by this generator and guarantee it to obtain expected profits at the minimum CVaR risk lever, and the option market can effectively reduce sale risk.
Starting Page	316
Ending Page	320
File Size	297727
Page Count	5
File Format	PDF
ISBN	9781424437467
DOI	10.1109/ISCSCT.2008.377
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2008-12-20
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Decision making Hydroelectric power generation Coal price volatility Thermal factors Investments Electric variables measurement option markets Marketing and sales Power generation Portfolios Consumer electronics Contracts Sale decision-making Conditional value at risk
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
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
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Research and Prediction of Coal Price in China

Hydropower Portfolios Management via Markov Decision Process

Optimisation of hydropower operation in a liberalised market with focus on price modelling

The Optimal Power Purchase of Distribution Utility Considering the Impact of Decision-Making

Risk-constrained decision making on optimal allocation of generation capacity in energy and reserve markets for generation companies

A study of electricity price volatility for the Brazilian energy market

The application of coal mining project decision-making based on abandon option

The Financial evaluation methods of hydropower

Electricity spot price model and feasibility of generation expansion in Brazil

Sale Decision-Making Model of United Operation between Hydropower and Thermal Power Considering Uncertain Factors

Similar Documents

Research and Prediction of Coal Price in China

Hydropower Portfolios Management via Markov Decision Process

Optimisation of hydropower operation in a liberalised market with focus on price modelling

The Optimal Power Purchase of Distribution Utility Considering the Impact of Decision-Making

Risk-constrained decision making on optimal allocation of generation capacity in energy and reserve markets for generation companies

A study of electricity price volatility for the Brazilian energy market

The application of coal mining project decision-making based on abandon option

The Financial evaluation methods of hydropower

Electricity spot price model and feasibility of generation expansion in Brazil

Sale Decision-Making Model of United Operation between Hydropower and Thermal Power Considering Uncertain Factors