DSpace
 

DSpace at IIT Bombay >
IITB Publications >
Article >

Please use this identifier to cite or link to this item: http://dspace.library.iitb.ac.in/jspui/handle/10054/6206

Title: Quantifying price risk of electricity retailer based on CAPM and RAROC methodology
Authors: KARANDIKAR, RG
KHAPARDE, SA
KULKARNI, SV
Issue Date: 2007
Publisher: ELSEVIER SCI LTD
Citation: INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS, 29(10), 803-809
Abstract: In restructured electricity markets, electricity retailers set up contracts with generation companies (GENCOs) and with end users to meet their load requirements at agreed upon tariff. The retailers invest consumer payments as capital in the volatile competitive market. In this paper, a model for quantifying price risk of electricity retailer is proposed. An IEEE 30 Bus test system is used to demonstrate the model. The Capital Asset Pricing Model (CAPM) is demonstrated to determine the retail electricity price for the end users. The factor Risk Adjusted Recovery on Capital (RAROC) is used to quantify the price risk involved. The methodology proposed in this paper can be used by retailer while submitting proposal for electricity tariff to the regulatory authority. (c) 2007
URI: http://dx.doi.org/10.1016/j.ijepes.2007.06.007
http://dspace.library.iitb.ac.in/xmlui/handle/10054/6206
http://hdl.handle.net/10054/6206
ISSN: 0142-0615
Appears in Collections:Article

Files in This Item:

File SizeFormat
Quantifying price risk of electricity.pdf184.8 kBAdobe PDFView/Open
View Statistics

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

 

Valid XHTML 1.0! DSpace Software Copyright © 2002-2010  Duraspace - Feedback