Research Article

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

Table 4

The constraints of the minimal price in short-term contracts (unit: yuan/kWh).

Types of contractShort-term contract

SourcesPower purchased from the extraprovincial marketPower purchased from the intraprovincial market
HydropowerThermal powerWind powerPhotovoltaic generation

Lowest price0.430.230.320.30.3