Proceedings of the 2012 International Conference on Computer Application and System Modeling (ICCASM 2012)

Establish of Electricity Market Model with Variable Coefficient and Analysis of Its Practical Stability

Authors
Yuhua Yang
Corresponding Author
Yuhua Yang
Available Online August 2012.
DOI
10.2991/iccasm.2012.10How to use a DOI?
Keywords
Electric market, model of deference equation, practical stability, periodic solution, practically quasi-stable
Abstract

The paper analyzes the dynamic equilibrium of the electricity market by using the principle of economics and establishes the non-autonomous linear discrete periodic mathematic models, the models describe the actions of the electricity market under the assumption that market demand is the linear function with variable coefficient of forecast price and that the market supply is the linear equation with varied coefficient of spot price. The practical stability of the electric market is discussed by using Lyapunov function and the calculus inequality. A number of critical conditions to judge the practical stability of electric market and the existing of practically asymptotically stable periodic solution of electricity market are obtained and these conclusions are explained by example.

Copyright
© 2012, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2012 International Conference on Computer Application and System Modeling (ICCASM 2012)
Series
Advances in Intelligent Systems Research
Publication Date
August 2012
ISBN
10.2991/iccasm.2012.10
ISSN
1951-6851
DOI
10.2991/iccasm.2012.10How to use a DOI?
Copyright
© 2012, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yuhua Yang
PY  - 2012/08
DA  - 2012/08
TI  - Establish of Electricity Market Model with Variable Coefficient and Analysis of Its Practical Stability
BT  - Proceedings of the 2012 International Conference on Computer Application and System Modeling (ICCASM 2012)
PB  - Atlantis Press
SP  - 37
EP  - 40
SN  - 1951-6851
UR  - https://doi.org/10.2991/iccasm.2012.10
DO  - 10.2991/iccasm.2012.10
ID  - Yang2012/08
ER  -