Title :
Dynamic response model between power demand and power tariff
Author :
Cheng, Yu ; Zhang, Lizi
Author_Institution :
Dept. of Electr. Eng., North China Electr. Power Univ., Beijing, China
Abstract :
In the current power market, there is dynamic response relation between power demand and power price. This article will utilize system dynamics theory to build the dynamic response model of power demand and power price adjustment Then use the models to analyze the influence of power price adjustment to power demand. Combined with the current Chinese power price´s regulation, the author builds dynamic response models that aim at power demand of hyper-power industry and residential power. This article also uses these models to analyze the power price adjustment of hyper-power industry and residential power.
Keywords :
demand forecasting; dynamic response; power markets; pricing; tariffs; Chinese power prices regulation; demand forecasting; dynamic response model; feedbacks; hyper-power industry; power demand; power market; power price; power price adjustment; power tariff; residential power; tariff adjustment; Demand forecasting; Economic forecasting; Elasticity; Fluctuations; Power demand; Power industry; Power markets; Power supplies; Power system modeling; Predictive models;
Conference_Titel :
Power System Technology, 2004. PowerCon 2004. 2004 International Conference on
Print_ISBN :
0-7803-8610-8
DOI :
10.1109/ICPST.2004.1460224
