A penalty scheme for reducing electricity price volatility

The deregulation of electric power systems in many parts of the world has changed the mechanism of electricity pricing. Unlike the fixed price in conventional power systems, electricity price varies with time and location in the new deregulated environment. Electricity prices in a restructured power...

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Bibliographic Details
Main Authors: Ding, Yi, Wang, Peng, Goel, Lalit, Chen, Luonan, Loh, Poh Chiang
Other Authors: School of Electrical and Electronic Engineering
Format: Journal Article
Language:English
Published: 2011
Subjects:
Online Access:https://hdl.handle.net/10356/94397
http://hdl.handle.net/10220/7185