The Researches on Security Price in the Power Market

Lu Li; Zhong Fu Tang; En Yuan Zhang

doi:10.4028/www.scientific.net/AMM.48-49.1300

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vols. 48-49The Researches on Security Price in the Power...

The Researches on Security Price in the Power Market

Abstract:

The deregulation of power system brings a strong impact on all aspects of power industry, and especially the risk on the maintenance of system security. The problem is addressed and researched in this paper. Meanwhile, the paper presents a new price mechanism—security price, which is able to stimulate market participants to actively maintain system security. In addition, security price can also exert its economic leverage to alleviate the congestion of power network and the shortage of short-run capacity.

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Periodical:

Applied Mechanics and Materials (Volumes 48-49)

Pages:

1300-1304

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.48-49.1300

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Online since:

February 2011

Authors:

Lu Li, Zhong Fu Tang, En Yuan Zhang

Keywords:

Power Market, Pricing, System Security

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References

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