A generation pricing method with capacity bidding

Journal of Shanghai University (English Edition) - Tập 5 - Trang 345-352 - 2001
Xiao-gang Li1, Mao-song Yan1, Jie-qing Xin1
1School of Electromechanical Engineering and Automation, Shanghai University, Shanghai, China

Tóm tắt

Due to historic reasons China encounters some special difficulties in ESI (electricity system industry) restructuring. An easy and simple electricity value equivalent (es-EVE) method for day-ahead pool purchase pricing of China is therefore presented in this paper. The es-EVE method is different from two-part and one-part tariffs. It is more like the UK’s method in form, but revised for China with some new concepts and procedure. The main contributions of it include: (1) Find two kinds of eigenvalue, namely EVEs, in an optimization model, (2) Define new concepts of virtual units and feasible region, (3) Twice merit orderings are employed successively to find marginal price. They are simple maximum and minimum comparison procedures and so on. The special economic significance of the method for China is discussed, and some suggestion for ESI restructuring based on es-EVE method are provided. A case study is offered at the end of the paper.

Tài liệu tham khảo

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