| Issue |
SHS Web Conf.
Volume 170, 2023
2023 International Conference on Digital Economy and Management Science (CDEMS 2023)
|
|
|---|---|---|
| Article Number | 03002 | |
| Number of page(s) | 4 | |
| Section | Enterprise Operation and Human Resource Management | |
| DOI | https://doi.org/10.1051/shsconf/202317003002 | |
| Published online | 14 June 2023 | |
Joint Decision-Making Model of Power Manufacturer Participation in Green Certificate Market and Medium - and Long-Term Power Market
State Grid Hebei Zhangjiakou Scenery Storage and Transportation New Energy Co. LTD, Zhangjiakou, Hebei, China
To effectively guide power manufacturers in the medium and long-term market and green certificate market trading behavior. This paper firstly constructs the model of power manufacturers' participation in the green certificate market and the model of participating in the medium and long-term market of power, and establishes the coupling constraint of power manufacturers' participation in the power market and the green certificate market. Secondly, considering the speculative behavior of power manufacturers and using conditional value-at-risk to depict the profit risk of electricity generation due to the uncertainty of market price, the optimal comprehensive benefit considering the annual expected profit and risk of power manufacturers is taken as the decision-making objective, and the joint decision-making model of power manufacturers participating in the green certificate market and the medium and long term power market is established. It is helpful for power manufacturers to make trading decisions in medium and longterm market and green certificate market.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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