E3S Web Conf.
Volume 118, 20192019 4th International Conference on Advances in Energy and Environment Research (ICAEER 2019)
|Number of page(s)||4|
|Section||Energy Equipment and Application|
|Published online||04 October 2019|
The Relationship Between Load and Electricity Price in Different Time Periods Based on Granger Causality Test
Economic and Technology Research Institute, State Grid Hunan Electric Power Company Limited, Changsha, 410004, China
2 State Grid Hunan Electric Power Company Limited, Changsha, 410000, China
3 School of Economics and Management, North China Electric Power University, Beijing, 102206, China
* Corresponding author: email@example.com
With the liberalization of the market on the selling side, the user’s electricity load shows a stronger volatility, and correspondingly, the price change has a certain degree of dynamics. This paper first selects the working day load of a certain power market to realize the peak-valley period division. Secondly, with the help of Eviews software package, studying the causal relationship between load and electricity price in different time periods, the following conclusions are obtained: the peak time period electricity price has a one-way causal relationship with the peak time period load, and there is a low causal relationship between the electricity price and the electricity load during the flat time period; the valley time period electricity price has a two-way causal relationship with the electricity load.
© The Authors, published by EDP Sciences, 2019
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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