Power market construction is an important part of the marketization reform in China's electric power industry and an essential part of the economic system reform in China. With the social and economic development,...Power market construction is an important part of the marketization reform in China's electric power industry and an essential part of the economic system reform in China. With the social and economic development, the contradiction between distribution of energy resources and development of regional economies gets increasingly noticeable, and a united national power market is consequentially required to optimize the allocation of energy resources over the whole country. Analyses indicate that the development of UHV grid will provide a strong material support for the united national power market by expanding market coverage, lowering load fluctuation and promoting diversif ication of power resources.展开更多
In this paper a novel cost function based on the relationship between operation cost of unit and generation load rate is employed in an agent-based model of Trans-provincial Centralized Bidding Trading Market of East ...In this paper a novel cost function based on the relationship between operation cost of unit and generation load rate is employed in an agent-based model of Trans-provincial Centralized Bidding Trading Market of East China Grid. Simulation results are compared to real data to prove that the model is correct. Further analysis on simulation results point out the way to achieve an all-win game for power market members: generation companies improve their average load rates of the units by selling their electricity in the market, which makes units' cost drop and settlement price stay lower than benchmark price. Consequently electricity-demand provinces saved expenses, and units increase their profits. In conclusion, the trans-provincial electricity market of East China Power Grid is a successive case which improves the efficiency of the electricity industry by market-oriented measures.展开更多
Globalization of energy market in GCC countries is deepening not only through free-flowing international trade but also through foreign investment, market-driven domestic economies and industrialization. GCC nations a...Globalization of energy market in GCC countries is deepening not only through free-flowing international trade but also through foreign investment, market-driven domestic economies and industrialization. GCC nations are transforming their energy industry and market around the world which is promising their economic efficiency and technology development. Nevertheless, this open energy market across the world has raised a question about energy security and power demand. This energy market globalization has pushed the GCC Nations to pay attention to the control of supply and demand of power. Interconnection of power network between the GCC Region is optimistic pace to secure the future anticipated power fallouts. And also installation of Renewable Energy projects will support GCC to accommodate their increasing power demand. This paper discusses about how the energy market globalization has effect the power supply and demand of GCC nations, their concerns and recent progress towards its resolution.展开更多
文摘Power market construction is an important part of the marketization reform in China's electric power industry and an essential part of the economic system reform in China. With the social and economic development, the contradiction between distribution of energy resources and development of regional economies gets increasingly noticeable, and a united national power market is consequentially required to optimize the allocation of energy resources over the whole country. Analyses indicate that the development of UHV grid will provide a strong material support for the united national power market by expanding market coverage, lowering load fluctuation and promoting diversif ication of power resources.
文摘In this paper a novel cost function based on the relationship between operation cost of unit and generation load rate is employed in an agent-based model of Trans-provincial Centralized Bidding Trading Market of East China Grid. Simulation results are compared to real data to prove that the model is correct. Further analysis on simulation results point out the way to achieve an all-win game for power market members: generation companies improve their average load rates of the units by selling their electricity in the market, which makes units' cost drop and settlement price stay lower than benchmark price. Consequently electricity-demand provinces saved expenses, and units increase their profits. In conclusion, the trans-provincial electricity market of East China Power Grid is a successive case which improves the efficiency of the electricity industry by market-oriented measures.
文摘Globalization of energy market in GCC countries is deepening not only through free-flowing international trade but also through foreign investment, market-driven domestic economies and industrialization. GCC nations are transforming their energy industry and market around the world which is promising their economic efficiency and technology development. Nevertheless, this open energy market across the world has raised a question about energy security and power demand. This energy market globalization has pushed the GCC Nations to pay attention to the control of supply and demand of power. Interconnection of power network between the GCC Region is optimistic pace to secure the future anticipated power fallouts. And also installation of Renewable Energy projects will support GCC to accommodate their increasing power demand. This paper discusses about how the energy market globalization has effect the power supply and demand of GCC nations, their concerns and recent progress towards its resolution.
