Research on settlement balance of electricity spot market under the different demand-side locational marginal price mechanisms

Puxing Shi; Wenjia Chu; Heming Liu; Tianyu Zhang

doi:10.1117/12.2645591

23 November 2022 Research on settlement balance of electricity spot market under the different demand-side locational marginal price mechanisms

Puxing Shi, Wenjia Chu, Heming Liu, Tianyu Zhang

Author Affiliations +

Proceedings Volume 12302, Seventh International Conference on Electromechanical Control Technology and Transportation (ICECTT 2022); 123023B (2022) https://doi.org/10.1117/12.2645591
Event: Seventh International Conference on Electromechanical Control Technology and Transportation (ICECTT 2022), 2022, Guangzhou, China

Abstract

In the process of electricity spot market construction in China, the regional demand-side participation difference has led to the diversification of the electricity price mechanism. The market settlement balance has become an important issue of market development. Based on comparing the settlement methods of electric energy market firstly, this paper enumerates two kinds of congestion charge calculation methods; then it researches the impact on unified settlement point price mechanism on the congestion charges settlement of different spot markets, as well as the coupling with the dual-track market structure balance, and puts forward the multi-scenario settlement balance methods of the zoning locational marginal price mode. Finally, with a numerical example, it verifies and analyses the impact of demand-side electricity price mechanism on market settlement charges and validity of the proposed the zoning settlement balance method, so as to provide an effective reference for the market mechanism design and market entities’ transaction risk management in the future.

Citation Download Citation

Puxing Shi, Wenjia Chu, Heming Liu, and Tianyu Zhang "Research on settlement balance of electricity spot market under the different demand-side locational marginal price mechanisms", Proc. SPIE 12302, Seventh International Conference on Electromechanical Control Technology and Transportation (ICECTT 2022), 123023B (23 November 2022); https://doi.org/10.1117/12.2645591

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