Font Size: a A A

Research On Management Risk For Grid Company In International Financial Crisis

Posted on:2011-09-21Degree:MasterType:Thesis
Country:ChinaCandidate:Z H TianFull Text:PDF
GTID:2189360305452723Subject:Business Administration
Abstract/Summary:PDF Full Text Request
In the case of power market not fully established, Grid Company is facing a variety of risk, due to the international financial crisis. Based on the introduction of the specific trading patterns of the Northwest power market, this paper analyzed the risks of the purchase and the sale of electricity, in the context of the international financial crisis, focused on the load forecast error, the purchase strategies and the risks of electricity power, as well as time-of-use power price risks. This paper took one grid company as an example, analyzed the problems of long-term load forecasting distortion for grid company in case of the international financial crisis, by means of introducing the impact of international financial crisis on the macroeconomic; As for the purchase risks, an optimization strategy was analyzed and assessed with VaR parameter method, eventually, an optimized purchase strategy was proposed; Analogously, as for the comprehensive evaluation of time-of-use power price, the historical simulation VaR method was applied, and the risk control measures were also proposed.
Keywords/Search Tags:International Financial Crisis, Grid Company, Risk Management
PDF Full Text Request
Related items