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《Automation of Electric Power Systems》 2005-12
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Study on Transaction Model and Mechanism of Competitive Regional Electricity Market Part One Transaction Model and Mechanism, Participation Mode for Hydroelectricity Participants and Power System Security Checking Mechanism

SHANG Jin-cheng , ZHANG Zhao-feng , HAN Gang (Henan Electric Power Company, Zhengzhou 450052, China) (Central China Grid Co Ltd, Wuhan 430077, China)  
When designing the transaction model and regulation of the regional electricity market, it should consider the effective coordination between optimal and equitable allocation of resources, and hold firmly to the three general rules of "openness, justness, fairness", as well as try hard to realize the benefit balance and coordination of each part. Moreover, sufficient consideration should be put into how to guarantee the secure and stable operation of power system, and trying hard to realize the effective cooperation between market transactions and power system dispatching. Based on above ideas, this paper analyzes and studies factors influencing the bidding mechanism of China's regional electricity market, the objective mode selection of regional electricity market transaction, the transaction model and mechanism of regional electricity market, and the mode for hydroelectricity participants to participate in the market transactions. At last, a transaction model and power system security checking mechanism considering coordination among power system dispatching, power system secure operation and market transaction are proposed.
【CateGory Index】: F407.61
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