Design of the Trans-provincial New Energy Spot Transaction Mode and Analysis of the Mode’s Effects on New Energy Consumption

Abstract

Trans-provincial new energy transactions consist of medium- and long-term transactions and spot transactions. Trans-provincial spot transactions have been mainly executed in areas where there is some difficulty with new energy consumption. To further improve the system’s capability to accommodate new energy, this paper designs a replacement transaction mechanism for electricity delivered through the same channel according to the status quo of trans-provincial new energy spot transactions and the reality of China’s electric power market. A production simulation-based decision analysis model for trans-provincial new energy consumption is established so as to analyse quantitatively the effects of the proposed transaction mode on new energy consumption. A typical case is selected out from a certain province as the delivery end, and the testing results show that the trans-provincial spot transaction mode and the quantitative analysis model proposed in the paper can improve the new energy consumption and utilization rate of the delivery end significantly.