Journal article
Supplier Asset Allocation in a Pool-Based Electricity Market
A power supplier in a pool-based market needs to allocate his generation capacities to participate in contract and spot markets. In this paper, the optimal portfolio selection theory is introduced for this purpose. A model applying this theory is proposed to solve the supplier asset allocation problem.
Real market data are used in a numerical study to test the proposed model. The results show that different asset allocation solutions can yield very different risk-return tradeoffs for a supplier, and the proposed method can be potentially useful in suppliers' decision making.
| Language: | English |
|---|---|
| Publisher: | IEEE |
| Year: | 2007 |
| Pages: | 1129-1138 |
| ISSN: | 15580679 and 08858950 |
| Types: | Journal article |
| DOI: | 10.1109/TPWRS.2007.901282 |
Asset management Assets allocation Decision making Electricity supply industry Forward contracts Gallium nitride Portfolios Power generation Power supplies Risk management Testing decision making electricity market electricity supply industry optimal portfolio selection theory pool-based electricity market portfolio selection power markets power supplier resource allocation risk analysis risk management risk-return tradeoffs supplier asset allocation
