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Conference Paper: Modeling of electricity prices

TitleModeling of electricity prices
Authors
Hou, YHe, Y
KeywordsElectricity prices
Stochastic process
Time series
Issue Date2010
PublisherIEEE.
Citation
The 1st International Conference on Green Circuits and Systems (ICGCS 2010), Shanghai, China, 21-23 June 2010. In Proceedings of ICGCS, 2010, p. 549-554 How to Cite?
DOI: http://dx.doi.org/10.1109/ICGCS.2010.5543002
AbstractThis is a summary of the presentation in the special session: "Digital Signal Processing for Green Power Systems and Delivery". The power sectors in various countries have established competitive markets for an industry that, for decades, consists of utility companies that own and operate generation, transmission and distribution systems. The objective of deregulation in power industry is to enhance the efficiency of power energy. With the liberalization of electric power industry, electricity price is widely recognized as a signal of electricity supply, consumption, and investment. Although the mechanisms that determine electricity prices are known, random events such as contingencies and congestive conditions of transmission lines can cause uncertainties. Therefore, it is difficult to develop analytical models for electricity prices that can be used by market or system planners and investors in their decision making process. The purpose of this paper is to introduce models of electricity prices that can be used by different market participants. © 2010 IEEE.
Persistent Identifierhttp://hdl.handle.net/10722/126113
ISBN
978-1-4244-6876-8
References
References in Scopus

 

DC FieldValueLanguage
dc.contributor.authorHou, Yen_HK
dc.contributor.authorHe, Yen_HK
dc.date.accessioned2010-10-31T12:10:30Z-
dc.date.available2010-10-31T12:10:30Z-
dc.date.issued2010en_HK
dc.identifier.citationThe 1st International Conference on Green Circuits and Systems (ICGCS 2010), Shanghai, China, 21-23 June 2010. In Proceedings of ICGCS, 2010, p. 549-554en_HK
dc.identifier.isbn978-1-4244-6876-8-
dc.identifier.urihttp://hdl.handle.net/10722/126113-
dc.description.abstractThis is a summary of the presentation in the special session: "Digital Signal Processing for Green Power Systems and Delivery". The power sectors in various countries have established competitive markets for an industry that, for decades, consists of utility companies that own and operate generation, transmission and distribution systems. The objective of deregulation in power industry is to enhance the efficiency of power energy. With the liberalization of electric power industry, electricity price is widely recognized as a signal of electricity supply, consumption, and investment. Although the mechanisms that determine electricity prices are known, random events such as contingencies and congestive conditions of transmission lines can cause uncertainties. Therefore, it is difficult to develop analytical models for electricity prices that can be used by market or system planners and investors in their decision making process. The purpose of this paper is to introduce models of electricity prices that can be used by different market participants. © 2010 IEEE.en_HK
dc.languageengen_HK
dc.publisherIEEE.-
dc.relation.ispartofProceedings of the International Conference on Green Circuits and Systemsen_HK
dc.rights©2010 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.-
dc.subjectElectricity pricesen_HK
dc.subjectStochastic processen_HK
dc.subjectTime seriesen_HK
dc.titleModeling of electricity pricesen_HK
dc.typeConference_Paperen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=978-1-4244-6876-8 &volume=&spage=549&epage=554&date=2010&atitle=Modeling+of+electricity+prices-
dc.identifier.emailHou, Y:yhhou@eee.hku.hken_HK
dc.identifier.authorityHou, Y=rp00069en_HK
dc.description.naturepublished_or_final_version-
dc.identifier.doi10.1109/ICGCS.2010.5543002en_HK
dc.identifier.scopuseid_2-s2.0-77956586479en_HK
dc.identifier.hkuros172194en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-77956586479&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.spage549en_HK
dc.identifier.epage554en_HK
dc.description.otherThe 1st International Conference on Green Circuits and Systems (ICGCS 2010), Shanghai, China, 21-23 June 2010. In Proceedings of ICGCS, 2010, p. 549-554-
dc.identifier.scopusauthoridHou, Y=7402198555en_HK
dc.identifier.scopusauthoridHe, Y=36473461700en_HK

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