U.S. Electricity Markets Development and Its Inspirations for China

doi:10.11930/j.issn.1004-9649.201811020

Electric Power ›› 2019, Vol. 52 ›› Issue (9): 126-133.DOI: 10.11930/j.issn.1004-9649.201811020

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U.S. Electricity Markets Development and Its Inspirations for China

TIAN Wei¹, SHI Hang², CAO Yang¹, YONG Taiyou¹

1. China Electric Power Research Institute Co., Ltd, Nanjing 210003, China;
2. Zhejiang Power Exchange Center Co., Ltd, Hangzhou 310007, China

Received:2018-11-02 Revised:2019-04-23 Online:2019-09-05 Published:2019-09-19
Supported by:
This work is supported by National Natural Science Foundation of China (No.51677173) andScience and Technology Project of SGCC (No.DZ71-19-003).

Abstract

Abstract: Since the early 1990 s, the US electricity markets have gradually developed into stable and active ones. This paper summarizes the characteristics of the US electricity market reform in such aspects as market structure, market rules, market operation, market supervision, power grid and source planning and others, analyzes the challenges facing the US electricity market reform in terms of grid operation security, market operation technology and power company operation. And four recommendations are proposed for the construction of China's electricity markets.

Key words: electricity market reform, market operation mode, operational security, wholesale electricity market

CLC Number:

TM732

TIAN Wei, SHI Hang, CAO Yang, YONG Taiyou. U.S. Electricity Markets Development and Its Inspirations for China[J]. Electric Power, 2019, 52(9): 126-133.

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U.S. Electricity Markets Development and Its Inspirations for China

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