Risk Management of Power Market - Modeling Analysis and Prevention Strategies

Author: Zhou Hao
Publisher:
Publish Date: 2006-10-01
Features: This book comprehensively discusses risk management issues in the power market environment. The author has long been engaged in research on the power market and has undertaken projects supported by the Ministry of Education's New Century Excellent Talent Support Program, the subproject of the National 973 Program, the National Natural Science Foundation, as well as research projects from actual operating units. Many of the book's contents are the crystallization of the author's research work, covering a broad scope and possessing considerable theoretical depth. The publication of this book not only provides an excellent textbook for undergraduate and graduate students in power system-related fields in China but also offers a highly valuable reference for professionals engaged in power market management, operation, research, and analysis. The book is divided into twenty-eight chapters and includes seven parts: an overview of the power market and risk management, electricity price forecasting, financial risk analysis and assessment of electricity prices, analysis of bidding behavior in the power market, risk prevention measures, new risk management methods and their applications in the power market, and application cases. This book can serve as a graduate textbook or advanced elective course material for undergraduate students in fields such as Electrical Engineering and Automation, Power System and Automation, Agricultural Electrical Engineering and Automation, and Economic Management. It can also be used as a reference for researchers, engineering technicians, and managers involved in the power market.