Summarization and discussion on hot topics of electricity market (part I)
XIA Qing,ZHOU An-shi,DING Jun-wei,JIANG Jian-jian,LI Can-bing,SHEN Yu (Tsinghua University,Beijing 100084,China)
With the research achievements in both theory and practice domain,more and more new challenges for power system operation and planning have been aroused in the electricity industry restructuring process. Some hot topics about these new problems are analyzed in this paper,which is the first part of a series of two. The history of electricity market is firstly reviewed. The interactive process between the power system optimization theory and the microeconomics theory is discussed. Then the advantages of some foreign electricity markets, such as North-Europe, United Kingdom and PJM etc,are summarized. Especially the SMD(Standard Market Design) framework is focused in the analysis. Finally some suggestions on the market design work are proposed based on the western successful experiences and the realities of China.