Risk management on power supply and demand sides - the mechanism of interruptible Road and risk insurance contract

被引:0
作者
Fang, Jun [1 ]
机构
[1] N China Elect Power Univ, Sch Business & Management, Baoding 071000, Peoples R China
来源
PROCEEDINGS OF 2008 INTERNATIONAL CONFERENCE ON SYSTEM MANAGEMENT | 2008年
关键词
electric power market; risk management; options; interruptible load contract (ILC); insurance;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
In circumstance of the deregulated electric power industry, risks are directly brought to the power supply and demand companies due to the impact from natural disasters, technology faults, or supply and demand variation. This paper analyzes the efficient risk management trading participated in by the power supply company, power customer and financial institution. Viewed from the options trade, the contract characteristic, the function of insurance, the incentive and compensative mechanism, and the pricing model of the interruptible load contract are mainly discussed, together with further discussion on structure and application of exterior power supply insurance.
引用
收藏
页码:482 / 487
页数:6
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