GAME MODEL AND ITS SOLVING METHOD FOR OPTIMAL SCALE OF POWER PLANTS ENTERING GENERATION POWER MARKET

  • Tan, Zhongfu (Institute of Electric Power Economics North China Electric Power University) ;
  • Chen, Guangjuan (North China Electric Power University) ;
  • Li, Xiaojun (North China Electric Power University)
  • Published : 2008.01.30

Abstract

Based on social welfare maximum theory, the optimal scale of power plants entering generation power market being is researched. A static non-cooperative game model for short-term optimization of power plants with different cost is presented. And the equilibrium solutions and the total social welfare are obtained. According to principle of maximum social welfare selection, the optimization model is solved, optimal number of power plants entering the market is determined. The optimization results can not only increase the customer surplus and improve power production efficiency, but also sustain normal profits of power plants and scale economy of power production, and the waste of resource can also be avoided. At last, case results show that the proposed model is efficient.

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