全球智库信息集成服务系统(G2TT): Applying Load Factors to the Mean-Variance Analysis for Fuel Diversification.

G2TT

来源类型	Conference or Workshop Item
规范类型	其他
	Applying Load Factors to the Mean-Variance Analysis for Fuel Diversification.
	Ruangpattana, Suriya; Gotham, Douglas J; Muthuraman, Kumar; Preckel, Paul V; Rardin, Ronald L
发表日期	2008-05
出版年	2008
语种	英语
摘要	Fuel diversification implies the selection of a mix of generation technologies for long-term electricity generation. The goal is to strike a good balance between reduced costs and reduced risk. The method of analysis that has been advocated and adopted for such studies is the mean-variance portfolio analysis pioneered by Markowitz (1952). However the standard meanvariance methodology, does not account for the ability of various fuels/technologies to adapt to varying loads. Such analysis often provides results that are easily dismissed by regulators and practitioners as unacceptable, since load cycles play critical roles in fuel selection. To account for such issues and still retain the convenience and elegance of the mean-variance approach, we propose a variant of the mean-variance analysis using the decomposition of the load into various types and utilizing the load factors of each load type. We also present examples using real data for the state of Indiana and demonstrate the ability of the model in providing useful insights.
特色分类	HG4900 By region or country$QA0299 Analysis. Including analytical methods connected with physical problems$T0057.6 Operations research. Systems analysis$TA0168 Systems engineering$TK1001 Production of electric energy or power. Powerplants. Central stations
关键词	Indiana fuel diversification fuel selection long-term electricity generation mean-variance portfolio analysis electricity supply industry fuel economy power generation economics risk management
URL	http://sro.sussex.ac.uk/id/eprint/39807/
来源智库	Science Policy Research Unit (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/467458
推荐引用方式 GB/T 7714	Ruangpattana, Suriya,Gotham, Douglas J,Muthuraman, Kumar,et al. Applying Load Factors to the Mean-Variance Analysis for Fuel Diversification.. 2008.