Electric Power ›› 2020, Vol. 53 ›› Issue (9): 55-59,70.DOI: 10.11930/j.issn.1004-9649.202005158

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Key Issues of Zhejiang Electricity Spot Market

HU Zhaoyang1, FENG Donghan2,3, TENG Xiaobi1, ZENG Jiani2,3   

  1. 1. State Grid East China Electric Power Dispatch and Control Sub-center, Shanghai 200120, China;
    2. Department of Electrical Engineering, School of Electronic Information and Electrical Engineering, Shanghai Jiao Tong University, Shanghai 200240, China;
    3. Key Laboratory of Control of Power Transmission and Conversion, Ministry of Education(Shanghai Jiao Tong University), Shanghai 200240, China
  • Received:2020-05-19 Revised:2020-08-08 Published:2020-09-09
  • Supported by:
    This work is supported by National Natural Science Foundation of China (No.51677115), Shanghai Pujiang Program (No.17PJD018) and Morning-star Excellent Young Faculty Program of Shanghai Jiao Tong University.

Abstract: As a representative provincial market, Zhejiang spot electricity market has encountered some challenges in its construction and operation. Firstly, the characteristics of Zhejiang spot electricity market are analyzed. Secondly, the factors influencing the calculation accuracy of local marginal price are studied and discussed, and the corresponding improvement measures are proposed. Finally, from the views of market design and operation mechanism, some technical suggestions on construction of provincial markets are made based on the operation experiences of grid, in order to promote the stable and orderly development of provincial spot electricity markets.

Key words: Zhejiang spot electricity market, local marginal price, joint optimization of energy and ancillary services, financial transmission rights