Abstract
Electricity power industries around the world are undergoing restructuring. Many challenging issues have arisen under the newly deregulated competitive electric power market. The retail competition in electric power market has been introduced in Japan since March 2000. Although the liberalization is limited in a part of the retail power market having about 30% share of total electricity demand, the liberalized customers is now under competitive circumstance among the Utilities and new entrants. This paper proposes a negotiation model to determine electricity trade contracts between a utility, PPS and eligible customers. In addition, the negotiation price and the investment capacity are decided by negotiation model. The proposed approach has been illustrated with a numerical example to verify its effectiveness.
| Original language | English |
|---|---|
| Title of host publication | Proceedings of the IEEE Power Engineering Society Transmission and Distribution Conference |
| Pages | 852-857 |
| Number of pages | 6 |
| Volume | 2 |
| Edition | ASIA PACIFIC |
| Publication status | Published - 2002 |
| Event | IEEE/PES Transmission and Distribution Conference and Exhibition 2002 : Asia Pacific - Yokahama Duration: 2002 Oct 6 → 2002 Oct 10 |
Other
| Other | IEEE/PES Transmission and Distribution Conference and Exhibition 2002 : Asia Pacific |
|---|---|
| City | Yokahama |
| Period | 02/10/6 → 02/10/10 |
Keywords
- Deregulation
- Games theory
- Investment capacity
- Negotiation model
- Partial liberalization in retail market
- Transaction electricity price
ASJC Scopus subject areas
- Engineering(all)
- Energy(all)