OPTIONAL FORWARD CONTRACTS FOR ELECTRIC-POWER MARKETS

被引：65

作者：

GEDRA, TW

机构：

[1] School of Electrical and Computer Engineering, Oklahoma State University, Stillwater

来源：

IEEE TRANSACTIONS ON POWER SYSTEMS | 1994年 / 9卷 / 04期

关键词：

SPOT PRICING; OPTIONS; FUTURES; FORWARD CONTRACTS; INTERRUPTIBLE LOAD; DISPATCHABLE SUPPLY;

D O I：

10.1109/59.331429

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 extends the idea of callable forward contracts, which are potentially useful as demand-side (interruptible-load) contracts, to their supply-side analogues. Together, these contracts allow market participants to take advantage of flexibility in generation or consumption to obtain a monetary benefit, while simultaneously removing the risk of market price fluctuations. This paper also considers the effects of strategic behavior on the part of market participants in their contract sales/purchase decisions.

引用

页码：1766 / 1773

页数：8

共 10 条

[1]

CHAO HP, 1987, AM ECON REV, V77, P899

[2] MARKETS AND PRICING FOR INTERRUPTIBLE ELECTRIC-POWER [J].