Research Article

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

Table 6

The optimal power purchase proportion of the grid company when and billion yuan.

Types of contract The purchased quantity from the extraprovincial market (100 GWh) The purchased quantity from the intraprovincial market (100 GWh) The maximal profit (billion RMB)
HydropowerThermal powerWind powerPhotovoltaic generation

Long-term contract102403006010 2.8744
Short-term contract0200275505