A Challenge to Systems Science in Global Electricity Industry Reform and the EVE Pricing Method Development

摘要：

The electricity market stableness is threat by the market power abuse in short sight and the inadequate return on the investment in long views. In this paper, a new pricing method,named as the Electricity Value Equivalent (EVE) pricing method, was instructed, which employed the Operation Cost Lines (OCLs) and the Capacity Cost Reference Systems (CCRS) as instrument to restrain the market power and to compensate the capacity investment. The test results using agent-based simulation models and the actual market outcome in China validated that there exists little room for a power supplier to raise the market price by his strategic bidding and the market becomes robust in some sense, and also EVE provides an intrinsic and reasonable mechanism to compensate the capacity investment automatically.

关键词： Electricity market Game Theory Agent-based simulation Pricing methods Market Power

作者: Maosong Yan Bin Zou

作者单位: Automation Department Shanghai University, 200072 Shanghai, China

会议类型: 国际会议

会议名称: 2007 Conference on Systems Science, Management Science and System Dynamics(第二届系统科学、管理科学与系统动力学国际会议)

会议地点: 上海

会议语种:英文

页码: 2557-2566

在线出版日期: 2007-10-19（万方平台首次上网日期，不代表论文的发表时间）