OPTIONAL FORWARD CONTRACTS FOR ELECTRIC-POWER MARKETS

被引：65
|
作者：
GEDRA, TW
机构：
[1] School of Electrical and Computer Engineering, Oklahoma State University, Stillwater
来源：
IEEE TRANSACTIONS ON POWER SYSTEMS | 1994年 / 9卷 / 04期
关键词：
SPOT PRICING; OPTIONS; FUTURES; FORWARD CONTRACTS; INTERRUPTIBLE LOAD; DISPATCHABLE SUPPLY;
D O I：
10.1109/59.331429
中图分类号：
TM [电工技术]; TN [电子技术、通信技术];
学科分类号：
0808 ; 0809 ;
摘要：
This paper extends the idea of callable forward contracts, which are potentially useful as demand-side (interruptible-load) contracts, to their supply-side analogues. Together, these contracts allow market participants to take advantage of flexibility in generation or consumption to obtain a monetary benefit, while simultaneously removing the risk of market price fluctuations. This paper also considers the effects of strategic behavior on the part of market participants in their contract sales/purchase decisions.
引用
收藏
页码：1766 / 1773
页数：8
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