Research on the spot pricing system of the plant

Peng Wang, Lizi Zhang, Renmu He

Research output: Contribution to conferencePaperpeer-review

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 languageEnglish
Pages2061-2064
Number of pages4
StatePublished - 2000
Externally publishedYes
EventProceedings of the 3th World Congress on Intelligent Control and Automation - Hefei, China
Duration: 28 Jun 20002 Jul 2000

Conference

ConferenceProceedings of the 3th World Congress on Intelligent Control and Automation
Country/TerritoryChina
CityHefei
Period28/06/002/07/00

Keywords

  • Electrical market
  • Game theory
  • Pricing system
  • Risk decision
  • Spot

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