DocumentCode
330465
Title
Mutual demand side management in electric power and gas industries
Author
Kononov, Dmitry Yu
Author_Institution
Energy Syst. Inst., Acad. of Sci., Irkutsk, Russia
Volume
1
fYear
1998
fDate
18-21 Aug 1998
Firstpage
285
Abstract
The paper presents two methods for the determination of gas and electricity prices. The first method is a generalized method of searching for a compromise under parallel work of economically independent systems. The second method is an optimization method that is based on determination of conditions for obtaining maximum joint profit for partners. These methods allow electric and gas companies to increase their profit under mutual concession in prices of gas and electricity. The first method is more effective when the agreements between partners concern only prices. The second method can give an additional effect if companies are ready to coordinate their activity for receiving the maximal joint profit and agree to redistribute it
Keywords
demand side management; economics; electricity supply industry; optimisation; tariffs; electric power industry; electricity prices determination; gas industries; maximum joint profit; mutual demand side management; optimization method; Costs; Energy management; Gas industry; Optimization methods; Pipelines; Power generation economics; Power system economics; Power system management; Production; Rail transportation;
fLanguage
English
Publisher
ieee
Conference_Titel
Power System Technology, 1998. Proceedings. POWERCON '98. 1998 International Conference on
Conference_Location
Beijing
Print_ISBN
0-7803-4754-4
Type
conf
DOI
10.1109/ICPST.1998.728971
Filename
728971
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