Risk hedging in electricity generation planning

B. J. Tan; Z. Lu; Zhao Xu; J. Song; Z. Y. Dong; W. Tang; H. W. Cai; Z. X. Feng

Risk hedging in electricity generation planning

B. J. Tan, Z. Lu, Zhao Xu, J. Song, Z. Y. Dong, W. Tang, H. W. Cai, Z. X. Feng

Research output: Chapter in book / Conference proceeding › Conference article published in proceeding or book › Academic research › peer-review

2 Citations (Scopus)

Abstract

Since the power industry has entered into the deregulated era, and no participants in the market want them to be exposed completely to the price fluctuations, the risk management has become an essential tool to help power utilities to manage the risks. This paper reviews the risks in the context of electricity market, proposing a risk management framework with major instruments from energy derivative market. The attached case study illustrates the work flow for a generation company, with relevant discussions and analyses.

Original language	English
Title of host publication	7th International Power Engineering Conference, IPEC2005
Volume	2005
Publication status	Published - 1 Dec 2005
Externally published	Yes
Event	7th International Power Engineering Conference, IPEC2005 - Singapore, Singapore Duration: 29 Nov 2005 → 2 Dec 2005

Conference

Conference	7th International Power Engineering Conference, IPEC2005
Country/Territory	Singapore
City	Singapore
Period	29/11/05 → 2/12/05

Keywords

Decision tree
Risk
Risk analysis

ASJC Scopus subject areas

General Engineering

Cite this

@inproceedings{cf7550bad8d84d5e8c27c22cd11ab317,

title = "Risk hedging in electricity generation planning",

abstract = "Since the power industry has entered into the deregulated era, and no participants in the market want them to be exposed completely to the price fluctuations, the risk management has become an essential tool to help power utilities to manage the risks. This paper reviews the risks in the context of electricity market, proposing a risk management framework with major instruments from energy derivative market. The attached case study illustrates the work flow for a generation company, with relevant discussions and analyses.",

keywords = "Decision tree, Risk, Risk analysis",

author = "Tan, {B. J.} and Z. Lu and Zhao Xu and J. Song and Dong, {Z. Y.} and W. Tang and Cai, {H. W.} and Feng, {Z. X.}",

year = "2005",

month = dec,

day = "1",

language = "English",

isbn = "9789810544690",

volume = "2005",

booktitle = "7th International Power Engineering Conference, IPEC2005",

note = "7th International Power Engineering Conference, IPEC2005 ; Conference date: 29-11-2005 Through 02-12-2005",

}

TY - GEN

T1 - Risk hedging in electricity generation planning

AU - Tan, B. J.

AU - Lu, Z.

AU - Xu, Zhao

AU - Song, J.

AU - Dong, Z. Y.

AU - Tang, W.

AU - Cai, H. W.

AU - Feng, Z. X.

PY - 2005/12/1

Y1 - 2005/12/1

N2 - Since the power industry has entered into the deregulated era, and no participants in the market want them to be exposed completely to the price fluctuations, the risk management has become an essential tool to help power utilities to manage the risks. This paper reviews the risks in the context of electricity market, proposing a risk management framework with major instruments from energy derivative market. The attached case study illustrates the work flow for a generation company, with relevant discussions and analyses.

AB - Since the power industry has entered into the deregulated era, and no participants in the market want them to be exposed completely to the price fluctuations, the risk management has become an essential tool to help power utilities to manage the risks. This paper reviews the risks in the context of electricity market, proposing a risk management framework with major instruments from energy derivative market. The attached case study illustrates the work flow for a generation company, with relevant discussions and analyses.

KW - Decision tree

KW - Risk

KW - Risk analysis

UR - http://www.scopus.com/inward/record.url?scp=33947107527&partnerID=8YFLogxK

M3 - Conference article published in proceeding or book

SN - 9789810544690

SN - 9810544693

VL - 2005

BT - 7th International Power Engineering Conference, IPEC2005

T2 - 7th International Power Engineering Conference, IPEC2005

Y2 - 29 November 2005 through 2 December 2005

ER -

Risk hedging in electricity generation planning

Abstract

Conference

Keywords

ASJC Scopus subject areas

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Cite this