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《Central China Electric Power》 2005-01
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Study on Settlement Price Mechanisms for Auction Transaction in Electric Power Market

DING Xin-hai(Technology Center, Central China Power Grid Company, Wuhan 430077,China)  
The principles and characteristics of such settlement prices for auction transaction in electric power market as system marginal price(SMP), pay-as-bid price(PAB), mixed price, flexible price; system price-right auction, electricity value equivalent(EVE)are surveyed, analyzed and compared in this paper, which can give an reference for the design of trading rules of electric power market as well as the simulation of electric power market.
【CateGory Index】: F407.61
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