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《Automation of Electric Power Systems》 2001-22
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NEW PRINCIPLE FOR DETERMINING SYSTEM MARGINAL PRICE

Jiang Jianjian,K ang Chongqing,X ia Qing,Shen Yu,Ding Junwei,Zhao Jing Tsinghua University,Beijing10 0 0 84,China  
System marginal price SMP determines the final electrical price and greatly influences the electricity trade. However,in order to guarantee the fairness of the electricity trade,the bidding price curves of the market participants in present m arket m odels are ordered to be ascending ones,which deviate from the native generation cost curve. A novel definition of SMP and a new principle of power dispatch are proposed in this paper.They can be used in the generation com petition with bidding price curves of different shapes,including decreasing curves ,to provide reasonable results. No matter what types of price curves the sellers offer,an increasing curve of total supply can be achieved in the new definition and principle. The unfairness in the generation competition when some participants bid decreasing price curves can be overcom e.
【Fund】: 国家重点基础研究专项经费资助项目 (G19980 2 0 311
【CateGory Index】: F426.61
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