Abstract
Decision-making of price is the embodiment of the final benefit of power plants. According to the operational flow of the electrical market, the frame of the spot pricing system of the power plant was established. Based on analyses of modules of this system, the scheme of this pricing system software on IDSS was presented. Some advice was given on the process during this spot pricing system into practice at the end of this paper.
Original language | English |
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Pages | 2061-2064 |
Number of pages | 4 |
State | Published - 2000 |
Externally published | Yes |
Event | Proceedings of the 3th World Congress on Intelligent Control and Automation - Hefei, China Duration: 28 Jun 2000 → 2 Jul 2000 |
Conference
Conference | Proceedings of the 3th World Congress on Intelligent Control and Automation |
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Country/Territory | China |
City | Hefei |
Period | 28/06/00 → 2/07/00 |
Keywords
- Electrical market
- Game theory
- Pricing system
- Risk decision
- Spot