电力期货市场对发电企业的影响探讨

Influence of Electricity Futures Market on Power Generation Companies

随着我国电力市场的推进和经营形式的变化,电力生产出现了新的问题。电力期货市场作为电力市场发展的一种新模式,成为解决煤电矛盾困局的市场化工具,也为电力行业改进生产方式提出了新的启示。对发电企业如何利用期货市场的套利保值机理和价格发现机制以改变发电企业传统的经营方式进行了介绍,并结合我国华东区域电力市场发电权交易的经验对电力期货市场的设计进行了探讨。

With the advance and the management mode change of domestic electricity market, some new problems emerge in power production. As a development model of electricity market, the electricity futures market introduces a marketing tool for solving the contradiction problem between coal and power, and brings a new inspiration for improving the production mode of electricity industry as well. This paper introduces about how to change the traditional management ways of power generation companies by both arbitrage and hedging mechanism and price-discovery mechanism, and discusses the design of the electricity futures market on the basis of the generation rights trade experience of the east China power market.