Rule-based data verification method in electricity spot market

Abstract

In the electric power spot market, input data quality is critical to an accurate and reliable clearing result. Missing and abnormal data will lead to the result that the clearing algorithm diverges or the results mismatch reality. This would seriously affect power system security and reduce the efficiency of the market. Therefore, to ensure a smooth convergence of the algorithm and reasonable results, this paper proposes a rule-based verification method for the input data in the power spot market. Data integrity and logical verification rules are established. During the verification process, information will be divided into different warning levels and displayed so that users can modify relevant data according to the actual situation.