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August 2003 Optimizing a portfolio of power-producing plants
Juri Hinz
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Bernoulli 9(4): 659-669 (August 2003). DOI: 10.3150/bj/1066223273

Abstract

We address the question of the optimal allocation of electricity production resources among several production technologies. We consider the effect of competition among different power generators on the equilibrium of the real-time electricity market. For this equilibrium optimal strategies of electricity producers are obtained, yielding for each technology the production capacity to be installed.

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Juri Hinz. "Optimizing a portfolio of power-producing plants." Bernoulli 9 (4) 659 - 669, August 2003. https://doi.org/10.3150/bj/1066223273

Information

Published: August 2003
First available in Project Euclid: 15 October 2003

zbMATH: 1063.91052
MathSciNet: MR1996274
Digital Object Identifier: 10.3150/bj/1066223273

Keywords: auction , electricity risk , equilibrium model

Rights: Copyright © 2003 Bernoulli Society for Mathematical Statistics and Probability

Vol.9 • No. 4 • August 2003
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