The Government Incentive Regulation Model and Pricing Mechanism in Power Transmission and Distribution Market
Joint Authors
Source
Discrete Dynamics in Nature and Society
Issue
Vol. 2016, Issue 2016 (31 Dec. 2016), pp.1-9, 9 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2016-03-24
Country of Publication
Egypt
No. of Pages
9
Main Subjects
Abstract EN
The power transmission and distribution (T&D) market’s natural monopoly and individual information have been the impediment to improving the energy efficiency in the whole T&D market.
In order to improve the whole social welfare, T&D market should be controlled by government.
An incentive regulation model with the target of maximizing social welfare has been studied.
A list of contracts with transferring payment and quantity of T&D are given to motivate the corporation to reveal the true technical parameter and input the optimal investment.
The corporate revenue, optimal investment, and effort are proved to depend on its own technical parameter.
The part of incentive regulation model ends with the optimal pricing mechanism of T&D market.
At the end of this paper, we give a numerical example to explain our research and confirm its function graphically.
American Psychological Association (APA)
Zhang, Huan& Jiang, Jian-li. 2016. The Government Incentive Regulation Model and Pricing Mechanism in Power Transmission and Distribution Market. Discrete Dynamics in Nature and Society،Vol. 2016, no. 2016, pp.1-9.
https://search.emarefa.net/detail/BIM-1103427
Modern Language Association (MLA)
Zhang, Huan& Jiang, Jian-li. The Government Incentive Regulation Model and Pricing Mechanism in Power Transmission and Distribution Market. Discrete Dynamics in Nature and Society No. 2016 (2016), pp.1-9.
https://search.emarefa.net/detail/BIM-1103427
American Medical Association (AMA)
Zhang, Huan& Jiang, Jian-li. The Government Incentive Regulation Model and Pricing Mechanism in Power Transmission and Distribution Market. Discrete Dynamics in Nature and Society. 2016. Vol. 2016, no. 2016, pp.1-9.
https://search.emarefa.net/detail/BIM-1103427
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1103427