Research on impact of growth of real-time price consumers on generation capacity investment

Real-time price is the fulcrum of competitive electricity market, which is also an effective way to achieve optimal allocation of power market resources. Firstly, this paper builds a mathematical model about the competition of wholesale market and retail market; And then, it builds an incentive model about the influence of Growth of real-time price consumers on generation capacity investment; Finally, it verifies the validity of the model by an economic theoretical example. © 2010 IEEE.