Renewable energy,such as wind and solar energy,may vary signifi cantly over time and locations depending on the weather and the climate conditions.This leads to the supply uncertainty in the electricity(power) market ...Renewable energy,such as wind and solar energy,may vary signifi cantly over time and locations depending on the weather and the climate conditions.This leads to the supply uncertainty in the electricity(power) market with renewable energy integrated to power grid.In this paper,electricity in the market is classified into two types:stablesupply electricity(SSE) and unstablesupply electricity(USE).We investigate the investment and pricing strategies under the electricity supply uncertainty in wholesale and retail electricity market.In particular,our model combines the wholesale and retail market and capture the dominant players,i.e.,consumers,power plant(power operator),and electricity supplier.To derive the market behaviors of these players,we formulate the market decision problems as a multistage Stackelberg game.By solving the game model,we obtain the optimal,with closedform,wholesale investment and retail pricing strategy for the operator.We also obtain the energy supplier's best price mechanism numerically under certain assumption.We fi nd the price of SSE being about 1.4 times higher than that of USE will benefi t energy supplieroptimally,under which power plant's optimal strategy of investing is to purchase USE about 4.5 times much more than SSE.展开更多
In 2010,the garlic,bean and ginger became more expensive than ever,which made some people's life harder.In response to such phenomena,the retail price and wholesale price at the producers' end,the retail price...In 2010,the garlic,bean and ginger became more expensive than ever,which made some people's life harder.In response to such phenomena,the retail price and wholesale price at the producers' end,the retail price and wholesale price at distributors' end,and consumption related data(disposable income,consumption expenditure,fresh vegetables amount from 2004 to 2011 were compared and analyzed in this paper.Results showed that the average price(selling price,wholesale price and retail price) of five kinds of vegetables generally rose.There was certain differences in the price change range.Since 2004,especially in 2009 the vegetable prices had been so high that it had influenced the life of low income families in China.展开更多
The survey was carried out in Ekiti, Oyo, Ogun, Ondo, and Osun states located in SW Nigeria. The respondents for the study include thirty marketers and thirty producers of African walnut randomly selected within each ...The survey was carried out in Ekiti, Oyo, Ogun, Ondo, and Osun states located in SW Nigeria. The respondents for the study include thirty marketers and thirty producers of African walnut randomly selected within each of the state, making a total of 60 respondents per state and 300 for the five states. Two sets of structured questionnaires were designed, one for each eatergory of the respondents. The questionnaires were designed to solicit information on demographic characteristics of the producers and marketers of African walnut, production and marketing challenges of the walnut, price trend along the marketing chain, and interraction and relationships of the middlemen. The questionnaires were administered through individual and focus group methods. Also, indepth interview of the respondents was conducted to supplement data obtained from the questionnaires. Purposive sampling method was used to select local markets where the walnut were sold for study of the price trend of the walnut for two seasons （from 2007 to 2008）. Marketing of the walnut started with farmers that plant the perennial climber on their farmland, while the marketing intermediaries include the village merchants, wholesalers, and the retailers. Adult male dominated the production sector of African walnut while processing and marketing the nuts were mostly done by the women and children. There is high demand for the walnut as delicacy and snack; although industrial usage is yet to be fully developed. Marketing of the cooked nuts and at retail quantity had the highest profit along the marketing chain. There is need for expansion of the current scale of production of the walnut to meet increasing demand. Provision of appropriate storage facilities to prevent spoilage of the product in rural areas and good rural road network for easy conveyance to urban markets where it is majorly consumed is pertinent for marketing of the walnut.展开更多
The two-way interaction between smart grid and customers will continuously play an important role in enhan-cing the overall efficiency of the green and low-carbon electric power industry and properly accommodating int...The two-way interaction between smart grid and customers will continuously play an important role in enhan-cing the overall efficiency of the green and low-carbon electric power industry and properly accommodating intermittent renewable energy resources.Thus far,the existing electricity pricing mechanisms hardly match the technical properties of smart grid;neither can they facilitate increasing end users participating in the electri-city market.In this paper,several relevant models and novel methods are proposed for pricing scheme design as well as to achieve optimal decision-makings for market participants,in which the mechanisms behind are com-patible with demand response operation of end users in the smart grid.The electric vehicles and prosumers are jointly considered by complying with the technical constraints and intrinsic economic interests.Based on the demand response of controllable loads,the real-time pricing,rewarding pricing and insurance pricing methods are proposed for the retailers and their bidding decisions for the wholesale market are also presented to increase the penetration level of renewable energy.The proposed demand response oriented electricity pricing scheme can provide some useful operational references on the cooperative operation of controllable loads and renewable energy through the feasible retail and wholesale market pricing methods,and thereby enhancing the development of the low-carbon energy system.展开更多
基金supported in part by the National Natural Science Foundation of China(NSFC)No.61372116 and NSFC No.61201202 and NSFC No.61320001the Importation and Development of High-Caliber Talents Project of Beijing Municipal Institutions under Grant YETP0110
文摘Renewable energy,such as wind and solar energy,may vary signifi cantly over time and locations depending on the weather and the climate conditions.This leads to the supply uncertainty in the electricity(power) market with renewable energy integrated to power grid.In this paper,electricity in the market is classified into two types:stablesupply electricity(SSE) and unstablesupply electricity(USE).We investigate the investment and pricing strategies under the electricity supply uncertainty in wholesale and retail electricity market.In particular,our model combines the wholesale and retail market and capture the dominant players,i.e.,consumers,power plant(power operator),and electricity supplier.To derive the market behaviors of these players,we formulate the market decision problems as a multistage Stackelberg game.By solving the game model,we obtain the optimal,with closedform,wholesale investment and retail pricing strategy for the operator.We also obtain the energy supplier's best price mechanism numerically under certain assumption.We fi nd the price of SSE being about 1.4 times higher than that of USE will benefi t energy supplieroptimally,under which power plant's optimal strategy of investing is to purchase USE about 4.5 times much more than SSE.
基金Supported by Modern Agricultural Industrial Technological System in Shandong Province[Shandong Agriculture Science and Technology No.(2010)33]
文摘In 2010,the garlic,bean and ginger became more expensive than ever,which made some people's life harder.In response to such phenomena,the retail price and wholesale price at the producers' end,the retail price and wholesale price at distributors' end,and consumption related data(disposable income,consumption expenditure,fresh vegetables amount from 2004 to 2011 were compared and analyzed in this paper.Results showed that the average price(selling price,wholesale price and retail price) of five kinds of vegetables generally rose.There was certain differences in the price change range.Since 2004,especially in 2009 the vegetable prices had been so high that it had influenced the life of low income families in China.
文摘The survey was carried out in Ekiti, Oyo, Ogun, Ondo, and Osun states located in SW Nigeria. The respondents for the study include thirty marketers and thirty producers of African walnut randomly selected within each of the state, making a total of 60 respondents per state and 300 for the five states. Two sets of structured questionnaires were designed, one for each eatergory of the respondents. The questionnaires were designed to solicit information on demographic characteristics of the producers and marketers of African walnut, production and marketing challenges of the walnut, price trend along the marketing chain, and interraction and relationships of the middlemen. The questionnaires were administered through individual and focus group methods. Also, indepth interview of the respondents was conducted to supplement data obtained from the questionnaires. Purposive sampling method was used to select local markets where the walnut were sold for study of the price trend of the walnut for two seasons （from 2007 to 2008）. Marketing of the walnut started with farmers that plant the perennial climber on their farmland, while the marketing intermediaries include the village merchants, wholesalers, and the retailers. Adult male dominated the production sector of African walnut while processing and marketing the nuts were mostly done by the women and children. There is high demand for the walnut as delicacy and snack; although industrial usage is yet to be fully developed. Marketing of the cooked nuts and at retail quantity had the highest profit along the marketing chain. There is need for expansion of the current scale of production of the walnut to meet increasing demand. Provision of appropriate storage facilities to prevent spoilage of the product in rural areas and good rural road network for easy conveyance to urban markets where it is majorly consumed is pertinent for marketing of the walnut.
基金funded by the National Natural Science Foundation of China(71931003)the Science and Technology Projects of Hunan Province and Changsha City(2018GK4002,2019CT5001,2019WK2011,2019GK5015,kq1907086).
文摘The two-way interaction between smart grid and customers will continuously play an important role in enhan-cing the overall efficiency of the green and low-carbon electric power industry and properly accommodating intermittent renewable energy resources.Thus far,the existing electricity pricing mechanisms hardly match the technical properties of smart grid;neither can they facilitate increasing end users participating in the electri-city market.In this paper,several relevant models and novel methods are proposed for pricing scheme design as well as to achieve optimal decision-makings for market participants,in which the mechanisms behind are com-patible with demand response operation of end users in the smart grid.The electric vehicles and prosumers are jointly considered by complying with the technical constraints and intrinsic economic interests.Based on the demand response of controllable loads,the real-time pricing,rewarding pricing and insurance pricing methods are proposed for the retailers and their bidding decisions for the wholesale market are also presented to increase the penetration level of renewable energy.The proposed demand response oriented electricity pricing scheme can provide some useful operational references on the cooperative operation of controllable loads and renewable energy through the feasible retail and wholesale market pricing methods,and thereby enhancing the development of the low-carbon energy system.
