| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 6860922 | International Journal of Electrical Power & Energy Systems | 2012 | 9 Pages |
Abstract
⺠An auction model is developed to decide electric power price. ⺠Both transaction and transmission costs are considered to improve the welfare. ⺠Efficient outcomes have been observed from the double auction model. ⺠The proposed pricing mechanism improves the remains of producers and consumers. ⺠The double auction mechanism can be used to model Chinese electric power market.
Related Topics
Physical Sciences and Engineering
Computer Science
Artificial Intelligence
Authors
Debin Fang, Jingfang Wu, Dawei Tang,