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19 October 2022 Research on electricity spot market construction and imbalance settlement risks in Henan Province
Yang Li, Yue Shi, Jiangbo Wang, Xinrui Zhong
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Proceedings Volume 12294, 7th International Symposium on Advances in Electrical, Electronics, and Computer Engineering; 1229413 (2022) https://doi.org/10.1117/12.2640462
Event: 7th International Symposium on Advances in Electrical, Electronics and Computer Engineering (ISAEECE 2022), 2022, Xishuangbanna, China
Abstract
Electricity spot market construction has become an important part of Chinese power system reform. Imbalance settlement risks have aroused the attention of relevant market participants. This paper analyzed the current power resource structure and market structure situation of Henan, gave examples on the influence of congestion fee by choosing different settlement methods, and risks caused by the market structure under the dual-track market situation in Henan. Mechanism designs on price, settlement, assessments are discussed to satisfy the need for development in the near future. Mechanisms including renewable portfolio standard, bidding, market clearing process, distributed energy resources are pointed out to meet the requirements of new energy system and carbon peak and carbon neutral goal in the standing future.
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Yang Li, Yue Shi, Jiangbo Wang, and Xinrui Zhong "Research on electricity spot market construction and imbalance settlement risks in Henan Province", Proc. SPIE 12294, 7th International Symposium on Advances in Electrical, Electronics, and Computer Engineering, 1229413 (19 October 2022); https://doi.org/10.1117/12.2640462
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KEYWORDS
Renewable energy
Wind energy
Safety
Power supplies
Solar energy
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