Optimal Trading Decision-Making of Power Supply Chain under Renewable Portfolio Standards

Under the background of implementing renewable portfolio standards and ever-improving tradable green certificate scheme, increasingly environmentally-friendly preference power users is leading to changes in electricity demand, which, turn, driving decision-making behaviors various actors supply chain. Based on this, with goal pursuing maximum profit, consumer-power-demand functions have been introduced some consideration factors consumer establish an optimal profit model for each trading subject non-cooperative states chain, under constraints meeting energy standards. Here, strategy presented by adopting reverse induction method. Furthermore, examples are used analyze such as influence environmental protection preferences, quota ratios, price substitutions, market demand well view providing a reference chain subjects.