一种基于标准化期货合约的中长期电力交易新模式

doi:10.11930/j.issn.1004-9649.202010051

中国电力 ›› 2021, Vol. 54 ›› Issue (6): 29-35,70.DOI: 10.11930/j.issn.1004-9649.202010051

• 电力现货市场运行分析与机制设计专栏 • 上一篇下一篇

一种基于标准化期货合约的中长期电力交易新模式

史俊强, 刘泽宇, 冯冬涵

电力传输与功率变换控制教育部重点实验室（上海交通大学），上海 200240

收稿日期:2020-10-19 修回日期:2021-02-23 出版日期:2021-06-05 发布日期:2021-06-05
作者简介:史俊强(1982-),男,硕士研究生,从事电力市场研究,E-mail:15021867562@163.com;刘泽宇(1997-),男,博士研究生,从事电力市场、电动汽车研究,E-mail:liuzeyu@sjtu.edu.cn;冯冬涵(1981-),男,通信作者,教授,博士生导师,从事电力市场研究,E-mail:seed@sjtu.edu.cn
基金资助:
国家自然科学基金资助项目(51677115，52077139)

A New Mode for Medium and Long-Term Electricity Trade Based on Standardized Futures

SHI Junqiang, LIU Zeyu, FENG Donghan

Key Laboratory of Control of Power Transmission and Conversion, Ministry of Education (Shanghai Jiao Tong University), Shanghai 200240, China

Received:2020-10-19 Revised:2021-02-23 Online:2021-06-05 Published:2021-06-05
Supported by:
This work is supported by National Natural Science Foundation of China (No.51677115, No.52077139)

摘要/Abstract

摘要： 电力期货合约是一种能够有效降低电力现货市场交易风险的电力金融合约。随着中国电力市场改革的推进，电力交易的市场化程度逐渐提升，需要对未来可能应用的电力期货市场进行研究。针对国内电力市场发展现状，应用峰荷、腰荷、基荷3种标准化电力期货合约，设计了售电侧的中长期期货交易模型，并引入资金时间价值，进一步促进市场平稳起步。仿真算例说明了用户期货交易的基本方式，并验证了所提出的期货交易模型在降低电力成本风险上的有效性。

关键词: 电力体制改革, 电力市场, 电力中长期市场, 电力期货合约, 资金时间价值

Abstract: The electricity futures are a kind of electricity financial contract that can effectively lower the trading risk in the electricity spot market. With the advance of China's electricity market reform, the marketization degree of electricity trade is gradually improved, which calls for studies on the potential electricity futures market. Based on the current practice of electricity markets in China, three kinds of standardized electricity futures contracts, including peak load, waist load and base load, are applied to design the medium and long-term futures trading model of the power selling side. Furthermore, the time value of capital is introduced to promote the fairness of the electricity futures market. The case study illustrates the basic strategy of futures trading, and verifies the effectiveness of the proposed model in lowering the risk of electricity cost.

Key words: power system reform, electricity market, medium and long-term electricity market, electricity futures contract, time value of capital

史俊强, 刘泽宇, 冯冬涵. 一种基于标准化期货合约的中长期电力交易新模式[J]. 中国电力, 2021, 54(6): 29-35,70.

SHI Junqiang, LIU Zeyu, FENG Donghan. A New Mode for Medium and Long-Term Electricity Trade Based on Standardized Futures[J]. Electric Power, 2021, 54(6): 29-35,70.

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一种基于标准化期货合约的中长期电力交易新模式

A New Mode for Medium and Long-Term Electricity Trade Based on Standardized Futures

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一种基于标准化期货合约的中长期电力交易新模式

A New Mode for Medium and Long-Term Electricity Trade Based on Standardized Futures

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