FORWARD CONTRACTS FOR THE OPERATION OF AN ELECTRICITY INDUSTRY UNDER SPOT PRICING

被引：72

作者：

KAYE, RJ ^{[1
]}

OUTHRED, HR ^{[1
]}

BANNISTER, CH ^{[1
]}

机构：

[1] INTELLIGENT ENERGY SYST PTY LTD,CROWS NEST,NSW,AUSTRALIA

来源：

IEEE TRANSACTIONS ON POWER SYSTEMS | 1990年 / 5卷 / 01期

关键词：

electricity pricing; forward contracts; power system operation under uncertainty; risk management;

D O I：

10.1109/59.49085

中图分类号：

TM [电工技术]; TN [电子技术、通信技术];

学科分类号：

0808 ; 0809 ;

摘要：

This paper reports a study of the use of forward contracts as risk sharing instruments for electricity industries operating under spot pricing. Forward contracts involve financial transactions or commitments which relate to a physical trade at a later time instance. Price setting and appropriate participant responses are discussed. Simulation studies are used to demonstrate that forward contracts offer participants an opportunity to reduce their risk exposure without removing the, incentive to respond to higher spot prices. © 1990 IEEE

引用

页码：46 / 52

页数：7

共 9 条

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BERRIE, TW .

IEEE TRANSACTIONS ON POWER SYSTEMS, 1987, 2 (03) :744-750

[2]

Blackmon B. G., 1985, E8507 HARV U KENN SC

[3] OPTIMAL SPOT PRICING - PRACTICE AND THEORY [J].

CARAMANIS, MC ;

BOHN, RE ;

SCHWEPPE, FC .

IEEE TRANSACTIONS ON POWER APPARATUS AND SYSTEMS, 1982, 101 (09) :3234-3245

[4]

Garbade K.D, 1982, SECURITIES MARKETS

[5]

KAYE RJ, 1988, SUM IEEE PES M

[6]

OUTHRED HR, 1988, DEPE88020 U NSW DEP

[7]

ROSS SM, 1980, INTRO PROBABILITY MO

[8]

TALUKDAR S, 1987, LOAD MANAGEMENT

[9]

[No title captured]

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