Optimal retailer bidding in a DA market - a new method considering risk and demand elasticity

被引：27
|
作者：
Hajati, Maryam [1 ]
Seifi, Hossein [1 ]
Sheikh-El-Eslami, Mohamad Kazem [1 ]
机构：
[1] Tarbiat Modares Univ, Fac Elect & Comp Engn, Tehran, Iran
来源：
ENERGY | 2011年 / 36卷 / 02期
关键词：
Retailer; Demand elasticity; Fixed price contract; Real-time price contract; Risk management; ELECTRICITY MARKETS; PRICE; POWER;
D O I：
10.1016/j.energy.2010.11.006
中图分类号：
O414.1 [热力学];
学科分类号：
摘要：
This paper presents a new method to determine the optimal demand function for a retailer in power markets. It assumes that the retailer purchases the energy from either the day-ahead or the regulation market and sells it to the end users through fixed and/or real-time pricing contracts. The load is assumed to be price sensitive and the retailer to be price-taker. Through participation in the market and managing its risk, the retailer attempts to maximize its profit. The proposed method is tested on a typical power market. (c) 2010 Elsevier Ltd. All rights reserved.
引用
收藏
页码：1332 / 1339
页数：8
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