Day-ahead market price volatility analysis in deregulated electricity markets.

被引：0
|
作者：
Benini, M [1 ]
Marracci, M [1 ]
Pelacchi, P [1 ]
Venturini, A [1 ]
机构：
[1] Univ Pisa, Elect Syst & Automat Dept, I-56126 Pisa, Italy
来源：
2002 IEEE POWER ENGINEERING SOCIETY SUMMER MEETING, VOLS 1-3, CONFERENCE PROCEEDINGS | 2002年
关键词：
energy management; power system economics; risk analysis; strategic planning;
D O I：
暂无
中图分类号：
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号：
0807 ; 0820 ;
摘要：
The electricity market experiences pronounced short term volatility due to its peculiarities, first of all continuos load variations associated to the impossibility to profitably store electric energy. Electricity price forecast is extremely important for all market players and in particular for generating companies, that must manage their units, and the associated economic risk, in the short, medium and long term. In general, price volatility depends on a large number of parameters such as: fuel prices (often related to currency exchange rates), availability of generating units, hydro generation production, demand elasticity and variations, network congestion and management rules of any specific electricity market. This study provides an analysis of day-ahead spot market price volatility in Spain, California, UK and PJM markets. Electricity prices for the years 1999 and 2000 have been used for the study. The analysis has been carried out on the basis of an original definition of price volatility.
引用
收藏
页码：1354 / 1359
页数：6
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