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《Automation of Electric Power Systems》 2004-07
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ANALYSIS OF ECONOMIC MECHANISM OF TWO REGIONAL ELECTRICITY MARKET MODELS

Peng Tao, Xia Qing, Jiang Jianjian, Kang Chongqing(Tsinghua University, Beijing 100084, China)  
China is undergoing power system restructuring, which is characterized by constructing regional grids and regional electricity markets. This paper thoroughly studies the economic mechanisms of two different typical models, Regional Uniform Market Platform and Regional Layered Market Platform. Quantitative analysis of the resources allocation efficiency, as well as social surplus, characteristics and applicability of the two models in conditions of both fixed demand and elastic demand are proposed in this paper. The comparisons indicate that Regional Uniform Market Platform is more efficient than Regional Layered Market Platform in bilateral-transaction markets, in which demands are elastic, while the two models have the same efficiency in generation markets in which demands are fixed.
【Fund】: 高等学校博士学科点专项科研基金资助项目(20010003025);; 清华大学基础研究基金资助项目(JC2002018)。
【CateGory Index】: F407.6
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