Abstract
As China's electricity market develops rapidly in recent years, market evaluation turns out to be more necessary than before to make a comprehensive evaluation of market construction and operation, and ensure a fair and health electricity market. In this study, the international experience of market monitoring and assessment is firstly summarized. Then considering the feature of China's inter-provincial power market, the evaluation index system is proposed for the operation effectiveness of inter-provincial electricity market. At last, a case of comparing the short-term and long-term inter-provincial market modes is presented to validate the proposed market evaluation index system.
Highlights
As the deepening of China's electricity market-oriented reform and the confirmation of the second group of spot market pilots, the number of spot market pilot provinces in China is further increasing
The purpose of market evaluation is to make a comprehensive evaluation of market construction and operation
The main objectives of the evaluation include testing whether the market structure is reasonable or not, monitoring whether the market is fully competitive, monitoring the economy and security of market operation, optimizing the spot market rules based on the spot market evaluation results
Summary
As the deepening of China's electricity market-oriented reform and the confirmation of the second group of spot market pilots, the number of spot market pilot provinces in China is further increasing. Market evaluation outcomes are mainly used in the following scenarios It provides dynamic reference for market operators to timely grasp the market operation status and continuously improve the operation efficiency of market organizations. It is to provide basis for relevant government departments to understand the progress and effect of market construction. At last, it is to provide the information of market development trends for the public and the market participants
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