Paper
Study on Regional Generation Right Trading Mechanism
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Authors:
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Jing Zhang; Lijuan Zhang; Lizi Zhang; Xuanyuan Wang
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Abstract
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In centralized competitive generation right trading market, as the market scope and participatents vary, the paired matching model and unified clearing model all have their advantages and disadvantages, but our country use paired matching model only, the research on unified clearing model is less. In addition, along with the increase of inter-province generation rights trades, each province’s comprehensive benefits will be influenced, and the benefit balance problem will also highlight gradually. Aiming to solve these problems, this paper details the mathematical expression of unified clearing model based on the analysis of generation right trading mode, and contrasts two models’ applicabilities. Besides, this paper proposes two benefits-coordinating ways under different regional market structures. Finally, this paper uses one example to verify the effectiveness of above method, the result indicates that this paper’s method can balance each province’s benefits and reduce the total welfare loss.
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Keywords
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Generation Right; The Unified Clearing Model; Comprehensive Benefits; Coordination
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StartPage
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26
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EndPage
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29
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Doi
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