scholarly journals Research on the Mode of China’s Power Spot Market

2020 ◽  
Vol 165 ◽  
pp. 06042
Author(s):  
Menghua Fan ◽  
Su Yang ◽  
Zheng Zhao
Keyword(s):  
Spot Market ◽  
Market Environment ◽  
Actual Operation ◽  
Level Design ◽  
Market Mode ◽  
New Situation

At present, the construction of China’s power spot market is advancing steadily. This paper studies the characteristics and functions of the spot market, analyses the market environment and requirements, studies the key elements and designs the market mode for the spot market under the new situation, and puts forward suggestions for some key problems in the actual operation. This paper can provide reference for promoting the top-level design and operation of China’s power spot market.

scholarly journals Research on the Construction Path of Power Financial Market in China under the New Situation of Power Reform

2019 ◽  
Vol 25 ◽  
pp. 03009
Author(s):  
Menghua Fan ◽  
Haoyuan Qu
Keyword(s):  
Financial Market ◽  
Power Market ◽  
Spot Market ◽  
Financial Transaction ◽  
Financial Trading ◽  
Trading Market ◽  
Electricity Spot Market ◽  
Market Construction ◽  
New Situation

In China, with the deepening of power reform and construction of the electricity spot market, urgent and realistic demands have been put forward for the construction of power financial trading market. In this paper, based on the background of power market construction and current power financial transaction practice, the significance of introducing power financial transaction is analysed and the path for construction of power financial transaction market in China is proposed.

Studies on Commercial District Alliance Governance and Integration Governance Mode Selection

2011 ◽  
Vol 181-182 ◽  
pp. 507-515
Author(s):  
Jian Zhang ◽  
Chen Wang ◽  
Li Juan Zhang
Keyword(s):  
Mode Selection ◽  
Governance Mode ◽  
Operation Process ◽  
Complete Market ◽  
Real Estate Developer ◽  
Transaction Efficiency ◽  
Integration Mode ◽  
Actual Operation ◽  
Market Mode ◽  
Alliance Governance

In the actual course of commercial operations, governance mode is mainly divided into two categories: alliance mode, leading by real estate developer, and integrated mode, leading by commercial operators. The transaction efficiency and cost vary corresponding to the different mode. In this paper, based on the traditional market, hybrid and hierarchical mode framework in transaction cost theory, inframarginal theory and the actual Chinese commercial management, the author discusses the existing conditions of market, hybrid and hierarchical mode, verifies that the complete market mode in the actual operation process does not exist, at the same time, deeply analyses boundary conditions for the existence and basis for decision making of the alliance mode and integration mode.

scholarly journals Research on Basic Characteristics and Bidding Strategy of Thermal Power Units in Fujian Spot Market

2021 ◽  
Vol 252 ◽  
pp. 02005
Author(s):  
Yuhui Song ◽  
Zhanhua Pan ◽  
Baike Chen ◽  
Zhaoxia Jing
Keyword(s):  
Electricity Market ◽  
Power Plants ◽  
Thermal Power ◽  
Spot Market ◽  
Bidding Strategy ◽  
Cost Calculation ◽  
Market Environment ◽  
Service Market ◽  
Electric Generator ◽  
Bidding Strategies

In the electricity market environment, thermal power units have changed from the executors of power production under the monopoly mechanism to the decision-makers of production and operation under the competitive environment. The merits and demerits of bidding schemes for thermal power units are directly related to self-interest of themselves. The bidding decisions of power plants are not only affected by economic factors, but also by technical factors peculiar to the power system and the electric generator. In recent years, research on bidding strategies of thermal power units based on the power market environment has been paid more and more attention in the field of electric market. This paper first introduces the basic peak regulation and frequency modulation technical characteristics of thermal power units and cost calculation. Then, from the angle of quotation, paper analyzes characteristics of quotation mechanism of units in Fujian Electric Power day-ahead, real-time and peak regulation auxiliary service market. Furthermore, the research status of bidding strategies of thermal power units participating in electricity market at home and abroad in cost analysis, market clearing price prediction, game theory and so on are summarized. Finally, the bidding strategy for units in Fujian Spot Market is put forward.

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