Analysis and construction of evaluation index system of inter-provincial electricity spot markets

Because of the contradiction between the scale of new energy installations and the continuous load growth in the central and eastern regions of China, the balance problems of the electricity market are becoming increasingly prominent, and it is urgent to solve such problems through inter-provincial...

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Main Authors: Hao Yue, Yu Zhang, Jiahao Guo, Yang Hu, Chengmei Wei, Heping Jia, Dunnan Liu, Dunjian Xie
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2024-12-01
Series:Global Energy Interconnection
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2096511724001038
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author Hao Yue
Yu Zhang
Jiahao Guo
Yang Hu
Chengmei Wei
Heping Jia
Dunnan Liu
Dunjian Xie
author_facet Hao Yue
Yu Zhang
Jiahao Guo
Yang Hu
Chengmei Wei
Heping Jia
Dunnan Liu
Dunjian Xie
author_sort Hao Yue
collection DOAJ
description Because of the contradiction between the scale of new energy installations and the continuous load growth in the central and eastern regions of China, the balance problems of the electricity market are becoming increasingly prominent, and it is urgent to solve such problems through inter-provincial electricity spot markets. First, the development history and construction status of the inter-provincial electricity spot market are summarized; second, the mechanism design of the inter-provincial electricity spot market is sorted out in terms of the market operation framework, transaction declaration, and clearing methods; subsequently, the evaluation index system of the inter-provincial electricity spot market is constructed, including four themes of electricity mutual aid and support, new energy consumption, economic benefits of market-based allocation, and social benefits of market-based allocation; finally, the operation of the inter-provincial electricity spot market is comprehensively analyzed by the algorithm based on the market operation data of 2022, which proves the feasibility and practicality of the proposed index system.
format Article
id doaj-art-1aea1c7aa8bf48acacfbf4b4e861bd29
institution Kabale University
issn 2096-5117
language English
publishDate 2024-12-01
publisher KeAi Communications Co., Ltd.
record_format Article
series Global Energy Interconnection
spelling doaj-art-1aea1c7aa8bf48acacfbf4b4e861bd292024-12-18T08:48:34ZengKeAi Communications Co., Ltd.Global Energy Interconnection2096-51172024-12-0176697706Analysis and construction of evaluation index system of inter-provincial electricity spot marketsHao Yue0Yu Zhang1Jiahao Guo2Yang Hu3Chengmei Wei4Heping Jia5Dunnan Liu6Dunjian Xie7State Grid Jibei Electric Power Economic Research Institute, Beijing 100038, PR ChinaState Grid Jibei Electric Power Economic Research Institute, Beijing 100038, PR ChinaState Grid Jibei Electric Power Economic Research Institute, Beijing 100038, PR ChinaSchool of Economics and Management, North China Electric Power University, Beijing 102206, PR ChinaState Grid Jibei Electric Power Economic Research Institute, Beijing 100038, PR ChinaSchool of Economics and Management, North China Electric Power University, Beijing 102206, PR ChinaSchool of Economics and Management, North China Electric Power University, Beijing 102206, PR ChinaCenter for Power Engineering, School of Electrical and Electronic Engineering, Nanyang Technological University, Singapore 639798, SingaporeBecause of the contradiction between the scale of new energy installations and the continuous load growth in the central and eastern regions of China, the balance problems of the electricity market are becoming increasingly prominent, and it is urgent to solve such problems through inter-provincial electricity spot markets. First, the development history and construction status of the inter-provincial electricity spot market are summarized; second, the mechanism design of the inter-provincial electricity spot market is sorted out in terms of the market operation framework, transaction declaration, and clearing methods; subsequently, the evaluation index system of the inter-provincial electricity spot market is constructed, including four themes of electricity mutual aid and support, new energy consumption, economic benefits of market-based allocation, and social benefits of market-based allocation; finally, the operation of the inter-provincial electricity spot market is comprehensively analyzed by the algorithm based on the market operation data of 2022, which proves the feasibility and practicality of the proposed index system.http://www.sciencedirect.com/science/article/pii/S2096511724001038Electricity marketSpot marketInter-provincial spot marketEvaluation index system
spellingShingle Hao Yue
Yu Zhang
Jiahao Guo
Yang Hu
Chengmei Wei
Heping Jia
Dunnan Liu
Dunjian Xie
Analysis and construction of evaluation index system of inter-provincial electricity spot markets
Global Energy Interconnection
Electricity market
Spot market
Inter-provincial spot market
Evaluation index system
title Analysis and construction of evaluation index system of inter-provincial electricity spot markets
title_full Analysis and construction of evaluation index system of inter-provincial electricity spot markets
title_fullStr Analysis and construction of evaluation index system of inter-provincial electricity spot markets
title_full_unstemmed Analysis and construction of evaluation index system of inter-provincial electricity spot markets
title_short Analysis and construction of evaluation index system of inter-provincial electricity spot markets
title_sort analysis and construction of evaluation index system of inter provincial electricity spot markets
topic Electricity market
Spot market
Inter-provincial spot market
Evaluation index system
url http://www.sciencedirect.com/science/article/pii/S2096511724001038
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