Research on Transfer and Replacement Mechanism Design of Inter-Provincial Electricity Treatment in South China Electricity Market

Abstract:

In the context of south china electricity market, the concept of contract transfer and replacement deal is set forth in advance which is specialized in electricity treatment. Then, the feasibility of conducting an inter-provincial contract transfer and replacement is analyzed according to the aspects of physical characteristics, economics and policies within the china southern power grid. In addition, the advantage and disadvantage are also presented in terms of bilateral negotiation and centralized biding transaction modes. After that, the pricing mechanism and transaction mode are deliberately designed pertaining to three different situations including a party power shortage and a party "abandon water", a party power supply shortage and a party power surplus and a party power surplus and a party "abandon water". Finally, the realistic feasibility of the proposed schemes is verified through an employed numerical example.

• Periodical: Applied Mechanics and Materials (Volumes 494-495)
• Pages: 1695-1701
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.494-495.1695
• Online since: February 2014
• Authors: Sen Lin Zhang*, Yan Ming Sun, Zhao Xia Jing, Zheng Xin He
• Keywords: Contract Replacement, Contract Transfer, Electricity Market, Power Transmission from West to East

References

[1] Zhang Senlin, Zhang Yao, Chen Haoyon, et al. Research on application of bilateral transactions in south China electricity market [J]. Electric Power Automation Equipment, 2009, 29(9): 94-100.

[2] Zhang Senlin, Chen Haoyong, Qu Shaoqing, et al. Research on bilateral transaction modes and formation mechanism of electricity price in South China electricity market[J]. Power System Technology, 2010, 3(5): 133-140.

[3] Chen Haoyong, Zhang Senlin, Zhang Yao. Research on transaction model of direct power purchase for large power end-users in electricity market [J]. Power System Technology, 2008, 32(21): 85-90.

DOI: 10.1109/appeec.2009.4918775

[4] Zhang Senlin. Research on matchmaking tradeoff competition mechanism in regional electricity market, part one, a MCP competition mechanism based on transmission price and loss [J]. Relay, 2006, 34(10): 50-54.

[5] Zhang Senlin. Research on matchmaking tradeoff competition mechanism in regional electricity market, part two, a PAB competition mechanism based on transmission price, loss and environmental expenditure [J]. Relay, 2006, 34(11): 66-70.