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

Volume

2

fYear

2004

fDate

21-24 Nov. 2004

Firstpage

1416

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;

fLanguage

English

Publisher

ieee

Conference_Titel

Power System Technology, 2004. PowerCon 2004. 2004 International Conference on

Print_ISBN

0-7803-8610-8

Type

conf

DOI

10.1109/ICPST.2004.1460224

Filename

1460224