The Power Purchase Optimization Model in China considering the Renewable Energy Risks under Different Risk Preferences

<table class="table-group" id="tab2"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td align="left">Types of the power users</td><td align="center">The sales prices of small- and medium-sized customers</td><td align="center">Large users’ electricity prices of transmission and distribution</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td align="left">The most possible values of the electricity prices (yuan/kWh)</td><td align="center">0.505</td><td align="center">0.132</td></tr><tr><td align="center" colspan="3"><hr/></td></tr><tr><td align="left">The minimal value of the electricity price (yuan/kWh)</td><td align="center">0.505</td><td align="center">0.127</td></tr><tr><td align="center" colspan="3"><hr/></td></tr><tr><td align="left">The maximal value of the electricity price (yuan/kWh)</td><td align="center">0.505</td><td align="center">0.137</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

The probability distribution of electricity selling price and transmission prices.

Mathematical Problems in Engineering

tab2

Table 2

Table 2: The Power Purchase Optimization Model in China considering the Renewable Energy Risks under Different Risk Preferences 