Generation right transaction cost computation using marginal loss coefficients method

Stemming from the notion of generation right,the paper analyzes the problems existed in present generation right trades,and proposes generation right models without exchange center and with its contracts participation under asymmetrical information condition based on principal-agent theory,the objective is to encourage the usage of abandoned water adequately.

This paper introduces the mathematical model and organizing procedure of the generation right transaction and analyzes the profit variation of the transmission grid and among of different partners before and after the development of generation right transaction.

It is well known that the generation rights trade is an efficient way to implement the energy-saving and consumption-reducing strategy in the power industry.

Using mechanism design theory,an incentive compatible double auction mechanism that admits multiple generation rights licensors and generation rights licensees is proposed.

In order to promote the development of highly-efficient energy and the renewable energy generation, this paper presents a multi-objective optimization model for generation rights trade among hydro power plants and thermal power plants, which comprehensively takes environmental cost, congestion cost, coal consumption, and network constraints, and economy into consideration.

The influence of the trade of generation options on the strategy and profit of two power plants with random power generation capacities is studied.

In order to determine the generation rights share in the electricity market,an allocation strategy of the single-period generation rights trade was discussed.

The generation rights trade has important significance to implement energy-saving dispatching.