The Strategy and Operation Research of Power Forward Options

摘要

The introduction of power forward option transaction in the power market not only provides a richer revenue mix for the participants, but also plays an important role in dispersing and avoiding those uncertainties of the market that they have to face, improving the controllability of transaction and enhancing the stability of the power market operation. In this paper, the strategy using of power forward option and its trading operations in the power market is analyzed and specific examples are presented.