Research Article
Analysis Model of Electricity Purchasing Strategy for Electricity Retailers in Medium to Long Term Electricity Market
@INPROCEEDINGS{10.4108/eai.17-11-2023.2342758, author={Chuang Dong and Yueping Wang and Jie Gao and Jianwei Gu and Wenbin Zhang and Ping Zhang}, title={Analysis Model of Electricity Purchasing Strategy for Electricity Retailers in Medium to Long Term Electricity Market}, proceedings={Proceedings of the 5th International Conference on Economic Management and Model Engineering, ICEMME 2023, November 17--19, 2023, Beijing, China}, publisher={EAI}, proceedings_a={ICEMME}, year={2024}, month={2}, keywords={electricity retail medium to long-term contract trading user electricity forecast additional costs}, doi={10.4108/eai.17-11-2023.2342758} }- Chuang Dong
Yueping Wang
Jie Gao
Jianwei Gu
Wenbin Zhang
Ping Zhang
Year: 2024
Analysis Model of Electricity Purchasing Strategy for Electricity Retailers in Medium to Long Term Electricity Market
ICEMME
EAI
DOI: 10.4108/eai.17-11-2023.2342758
Abstract
With the improvement of trading rules in the power market and the exploration of the potential for user side demand response, the role of power retailers in market transactions is becoming increasingly important. The current research on electricity retailers' purchasing plans mainly focuses on the risk avoidance of electricity retailers' multi market combination purchasing, lacking relevant research on the impact of user electricity consumption prediction errors and error adjustment methods on the cost changes of electricity retailers. This article proposes a profit calculation model and an electricity consumption prediction and adjustment model for power retailers. The power retailers are divided into conservative, general, and radical types, and the impact of the adjustment methods of power retailers for user electricity consumption prediction errors on the profits of power retailers is analyzed.
