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The following topics were dealt with: engineering management theory; supply chain; game theory; project management; maintenance strategy; production planning; power system; electric power distributors; energy economy strategies; energy development strategies; risk management; technology innovation; services management; etc.
This paper provides the evaluation method and model of the externality of the transmission projects, and identifies both negative and positive externalities, as well as makes quantitative and qualitative analysis of externality. In order to quantify the impact of transmission construction projects on the power flow distribution, power supply and demand, as well as the power price of the neighboring...
This paper deals with load optimal dispatching among power plant units in the context of electric power market competition environment. The multi-agent evolutionary algorithm (MAEA) is specially useful in load optimal dispatching, the model of which is set up based on characteristic curve of the generator coal consumption approached by quadratic function. In particular, the following restraints are...
The electric power industry is regarded as the basic industry of national economy, which makes it unable to get rid of the governmentpsilas regulation, as well as its own technology and economic characteristic. After reforming of regulation, government pays a good deal of attention to the performance-base regulation which has been used in telecommunication successfully and can solve the low efficiency...
Following the steady demand growth and diminishing generation capacity margin due to lack of generation investment, Slovenia is already importing almost a quarter of electricity needed to cover its demand. Coupled with the deregulated electricity market and the European Union (EU) climate change mitigation measures implemented through EU Emissions Trading Scheme (EU ETS), the economic as well as environmental...
A comprehensive and objective post-evaluation of rural electric network reformation (RENR) will bring a scientific suggestion for decision-making with the financing is shortage. In this paper, on the base of analyzing methods used in post-evaluation before, a new model, which integrated with fuzzy theory, interval number and analytic hierarchy process (AHP), is proposed. Multi-factors and information...
In the deregulated electricity market, the vertically-integrated monopoly structure was broken. Competitive electricity market was formed. How to make the purchasing decisions in different market and optimize the portfolios of contracts to minimize risks and maximize profits becomes the major concern of discos. In this paper, a bi-objective programming model is established based on the Markowitz theory...
The distributed generation (DG) acts an important role in the reliability of electric power system. In power market, with the rapid development of DG in recent years, it is necessary to discern and calculate the value of possible economic contract between the DG and the integrated main power grid, in which the DG and the main grid serve as reserve capacity for each other. The problem of possible options...
Power generation adequacy is critical for the reliability of electricity supply service, and therefore its investment draws much attention. This paper builds a dynamic simulation model to solve the setting of two key parameters, the energy price cap and the capacity price in the generation market, and applies this model to various cases to analyze the generation capacity development. Based on the...
The building of transmission networks in electricity market may always be faced with many uncertain factors, therefore the traditional routines for transmission investment decisions could not meet the new demands of the market. This paper aims at analyzing the behaviors, characters of transmission investment and its scale economy, meanwhile, it will focus on studying the uncertainty of the transmission...
In power market, accurate electricity price forecasting can help all market participants make optimal bidding or purchasing decisions and maximize their revenue. In recent years, much attention has been focused on the short-term electricity price forecasting. Based on the theory of ARMA-GARCH model, the paper divides the constant day series into working day series and holiday series. Then the models...
In the electricity market of imperfect competition, the behavior of generation bidding is affected by many risk factors, which include fuel price, weather condition, load forecasting and so on. The potential impact of bidding strategy is quantitative calculation, which adapted from risk factors; the risk management on bidding strategy choice is brought forward, and considering the diversity of risk...
By making use of the method of fuzzy cluster analysis and various data like GDP, fixed assets investment and electricity consumption of the three major industries, this paper classifies the 9 large cities of Fujian province of China similar in development into the same groups. Based on the result of fuzzy cluster analysis, the paper concludes that the general situation of power consumption affects...
This paper introduced the conjectured supply function equilibrium based model in order to construct the company's strategy model under the incomplete information. It can be used to apply in the market with inelastic electricity demand and it is more suitable to evaluate potential market power existed in real electricity market. On the basis of supply function equilibrium theory, it gives out the optimized...
There are a number of residences with low income in China that cannot afford the current electricity price. The lifeline electricity price is the price that the government set up to satisfy the basic living demand for low-income group. This paper aims at these people, the urban and rural, tries to develop a model of lifeline electricity price and consequently gives some suggestions for government.
Under a market environments, there are a lot of uncertainties, such as fluctuation of power prices, shortage of fuel supply and rising of fuel prices, which make generators encounter serious profits loss risk. For stabilizing profits, it is necessary for generators to establish an efficient and optimal risk management technique mix. By adopting the real option, this paper establishes a real option...
Electricity futures exchange is usually regarded as a valuable way to reduce price volatility of electricity market, but its risk to the equilibrium of the market is almost neglected; therefore, it is impossible to find out a workable approach to avoid the impact from supply and demand to electricity market. However, it is so important that it should not be avoided. In view of the case, this paper...
With the liberalization of electric market, the customers may have different reliability requirements, which generates different reliability costs to the grid company, that means they should afford different reliability price. An integrated electric power supply reliability differential pricing model was presented considering both the reserve costs and distribution and transmission investment costs...
With the development of electricity market reformation in China, it is especially important to evaluate the competition competence of power generating enterprises. Based on the characteristics of their, this paper bring forwards an index system to evaluate the competition competence of power generating enterprises. SVMs are widely used in load forecasting and bioinformatics systems. Conventional methods...
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