Business complexity in US wholesale power market

被引：0
|
作者：
Sueyoshi, T [1 ]
Tadiparthi, GR [1 ]
机构：
[1] New Mexico Inst Min & Technol, Socorro, NM 87801 USA
来源：
2005 IEEE International Engineering Management Conference, Vols 1 and 2 | 2005年
关键词：
electricity competition; market model; strategic pricing; wholesale power trading;
D O I：
暂无
中图分类号：
T [工业技术];
学科分类号：
08 ;
摘要：
The US wholesale power market comprises a large commodity market. The growth in power trading is due to the ongoing deregulation policy of the electric power industry. Most of deregulation scenarios indicate a further separation of power production from transmission and retailing. The power production is opened to more competition. Unfortunately, the power trading mechanism is not clearly investigated in the level that we can predict a price change in the US wholesale power market. Such a price change in the US wholesale power market is investigated by an agent-based approach. Using the new intelligence approach, we investigate the bidding strategies of traders in the wholesale power market and examine how the price change occurs under different economic and engineering environments.
引用
收藏
页码：7 / 11
页数：5
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