The risk analysis and decision model of competition strategy for pool purchase price

In the electricity market, the relation between the supply and demand decides the price of the electricity. The competitive market exposes the power producers to new uncertainties. The power plants want to quote the high price to earn the high profit, but sometimes they lose the chance of acceding the net and should face the high risk. The risk affects the producers to get the profit or not and the amount of the profit. The producers should do some analysis of the risk before they quote in order to succeed in the competition. The algorithm this paper provided can be used to analyze the risk and found the decision model of competition strategy for pool purchase price.