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Risk hedging in electricity generation planning

  • B. J. Tan
  • , Z. Lu
  • , Z. Xu
  • , J. Song
  • , Z. Y. Dong
  • , W. Tang
  • , H. W. Cai
  • , Z. X. Feng

Research output: Chapters, Conference Papers, Creative and Literary WorksRGC 32 - Refereed conference paper (with host publication)peer-review

Abstract

Since the power industry has entered into the deregulated era, and no participants in the market want them to be exposed completely to the price fluctuations, the risk management has become an essential tool to help power utilities to manage the risks. This paper reviews the risks in the context of electricity market, proposing a risk management framework with major instruments from energy derivative market. The attached case study illustrates the work flow for a generation company, with relevant discussions and analyses.
Original languageEnglish
Title of host publication7th International Power Engineering Conference, IPEC2005
PublisherIEEE Computer Society
Volume2005
ISBN (Print)9810544693, 9789810544690
DOIs
Publication statusPublished - 2005
Externally publishedYes
Event7th International Power Engineering Conference, IPEC2005 - Singapore, Singapore
Duration: 29 Nov 20052 Dec 2005

Publication series

Name7th International Power Engineering Conference, IPEC2005
Volume2005

Conference

Conference7th International Power Engineering Conference, IPEC2005
PlaceSingapore
CitySingapore
Period29/11/052/12/05

Bibliographical note

Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].

Research Keywords

  • Decision tree
  • Risk
  • Risk analysis

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