Analysis of Risk Transmission from Generation Right Trading to Generation Company Profit

Xian Li; Cun Bin Li; Gong Shu Lu

doi:10.4028/www.scientific.net/AMR.403-408.2856

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 403-408Analysis of Risk Transmission from Generation...

Analysis of Risk Transmission from Generation Right Trading to Generation Company Profit

Abstract:

With the booming of generation right trade(GRT) market, the GRT risk will exert an increasingly important impact on profit of power plants. Hence, Two conditional value at risk (CVaR) models are built for generation rights sellers and buyers respectively. Then, different proportion constraints are set to discuss the influence of GRT. A conclusion can be drawn that the variances of the ratio of generation right power amount may lead to different amount of distribution in different markets as well as the changes of the efficient frontier curves.

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Periodical:

Advanced Materials Research (Volumes 403-408)

Pages:

2856-2860

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.403-408.2856

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Online since:

November 2011

Authors:

Xian Li, Cun Bin Li, Gong Shu Lu

Keywords:

Electricity Market, Generation Right Trade, Risk Analysis, Risk Transmission

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References

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