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    ARTICLE

    Optimal Trading Decision-Making of Power Supply Chain under Renewable Portfolio Standards

    Hui Wang, Haocheng Xu*, Wenhui Zhao

    Energy Engineering, Vol.118, No.5, pp. 1375-1394, 2021, DOI:10.32604/EE.2021.014641

    Abstract Under the background of implementing renewable portfolio standards and the ever-improving tradable green certificate scheme, the increasingly environmentally-friendly preference of power users is leading to changes in electricity demand, which, in turn, is driving changes in the decision-making behaviors of various actors in the power supply chain. Based on this, with the goal of pursuing maximum profit, consumer-power-demand functions have been introduced with some consideration of the factors of consumer preference to establish an optimal profit model for each trading subject in non-cooperative states of the power supply chain, under the constraints of meeting renewable energy portfolio standards. Here, the… More >

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