DocumentCode :
2980335
Title :
Research on Impact of Growth of Real-Time Price Consumers on Generation Capacity Investment
Author :
Ming, Zeng ; Guofeng, Yang ; Jiangbo, Wang ; Shaohua, Yin
Author_Institution :
Res. Center of Energy & Electr. Econ., North China Electr. Power Univ., Beijing, China
fYear :
2010
fDate :
25-27 June 2010
Firstpage :
4094
Lastpage :
4097
Abstract :
Real-time price is the fulcrum of competitive electricity market, which is also an effective way to achieve optimal allocation of power market resources. Firstly, this paper builds a mathematical model about the competition of wholesale market and retail market; And then, it builds an incentive model about the influence of Growth of real-time price consumers on generation capacity investment; Finally, it verifies the validity of the model by an economic theoretical example.
Keywords :
investment; power generation economics; power markets; pricing; competitive electricity market; generation capacity investment; power market resources; real time price consumers; retail market; wholesale market; Electricity; Electricity supply industry; Generators; Investments; Power generation; Power systems; Real time systems; generation capacity; generation investment; marginal cost; real-time price (RTP);
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Electrical and Control Engineering (ICECE), 2010 International Conference on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6880-5
Type :
conf
DOI :
10.1109/iCECE.2010.995
Filename :
5629904
Link To Document :
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