Simulation and Derivative Analysis of Operation Effect of Electricity Spot Market. Issue 1 (January 2021)

• Record Type: Journal Article
• Authors: Tang, Yao; Xiao, Yanwei; Wang, Gaoqin
• Is Part Of: Journal of physics. Volume 1746:Issue 1(2021)
• Publication Date: 2021-01
• Subjects: Spot market -- simulation platform -- evaluation index -- operation analysis; Physics -- Congresses; 530.5
• DOI: 10.1088/1742-6596/1746/1/012047
• Languages: English
• ISSNs: 1742-6588

Abstract

Abstract: Under the background of global power market reform, the construction of China's electricity spot market is a hot spot in China. In order to ensure the safe and stable operation of the power system, it is necessary to carry out detailed simulation before the reform. In this paper, a simulation platform is developed to fit the characteristics of the spot market, and a set of evaluation indexes that can be used to quantify the market operation effect is designed. Based on the data of typical summer and winter load days in an area of East China, the operation of the spot market is simulated. The results show that the index can reasonably evaluate the operation effect of the market in a variety of scenarios.