대한전기학회:학술대회논문집 (Proceedings of the KIEE Conference)
- 대한전기학회 2000년도 하계학술대회 논문집 A
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- Pages.400-402
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- 2000
선물 시공에서의 전력거래 위험 고려 방법론 연구
A Study on Methodology for Considering Risk in Power Transactions in Futures Market
- Park, Jong-Bae (Anyang University) ;
- Joung, Man-Ho (Korea Electric Power Corporation) ;
- Kim, Bal-Ho (Hongik University) ;
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Kim, Jin-Ho
(Seoul National University)
- 발행 : 2000.07.17
초록
This paper presents a game theoretic approach for power transactions analysis in a competitive market. The considered competitive power market is regarded as PooICo model, and the participating players are restricted by only two generating entities for simplicity in this paper. The analysis is performed on the basis of marginal cost based relations of bidding price and bidding generations. That is, we assume that the bidding price of each player is determined by the marginal cost when the bidding generation is pre-determined. This paper models the power transaction as a two player game and analyzes by applying the Nash eauilibrium idea. The generalized game model for power transactions covering constant-sum(especially zero-sum), and nonconstant-sum game is developed in this paper. Also, the analysis for each game model are performed in the case studies. Here, we have defined the payoff of each player as the weighted sum of both player's profits.
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