Analytical solution for demand contracting with forecasting-error analysis on maximum demands and prices

Analytical solution for demand contracting with forecasting-error analysis on maximum demands and prices

This study presents a new analytical solution to solve the contracting capacity (CC) optimisation problem that several sets of the demand and energy rates are available in the market. The proposed method (PM) obtains the best option for the prices and the best CC. It is mathematically proved that th...

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Bibliographic Details
Main Authors: Ferdavani, Ali Khorasani, Hooshmand, Rahmat-Allah, Gooi, Hoay Beng
Other Authors: School of Electrical and Electronic Engineering
Format: Article
Language:English
Published: 2021
Subjects:
Engineering::Electrical and electronic engineering
Power Markets
Error Analysis
Online Access:https://hdl.handle.net/10356/146827
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Institution: Nanyang Technological University
Language: English

Internet

https://hdl.handle.net/10356/146827

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