DocumentCode
2318249
Title
The Extensive Game Model of Electric Power Transaction between Generator and Large Customer
Author
Fang, Debin ; Wang, Xianjia
Author_Institution
Econ. & Manage. Sch., Wuhan Univ.
fYear
2006
fDate
5-8 Dec. 2006
Firstpage
1
Lastpage
4
Abstract
This paper studies market behaviors that generation company supplies electricity to large customer directly, describes pricing strategies for the generation companies in the large customer´s purchase electricity directly, models electricity bargaining between generation and large customer, resolves equilibrium strategies and subgame perfect equilibrium, discusses exhaustively characteristics of equilibrium to provide decision support for generation companies and large customer
Keywords
game theory; power markets; electric power transaction; electricity market; electricity supply; equilibrium strategy; game model; generation company; subgame perfect equilibrium; Character generation; Companies; Costs; Delay; Energy consumption; Game theory; Power generation; Power generation economics; Pricing; Throughput; bargain; complete information; electricity market; extensive game; large customer;
fLanguage
English
Publisher
ieee
Conference_Titel
Control, Automation, Robotics and Vision, 2006. ICARCV '06. 9th International Conference on
Conference_Location
Singapore
Print_ISBN
1-4244-0341-3
Electronic_ISBN
1-4214-042-1
Type
conf
DOI
10.1109/ICARCV.2006.345266
Filename
4150144
Link To Document