• 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