Research and Analysis Based on Electricity Spot Market Construction in Northern China

Abstract

Successive development of China’s power spot market has subjected the operation and dispatching mode of the existing power system to an increasingly greater influence imposed by the electricity market mechanism. In China’s northern provinces requiring winter heating, it is a huge challenge to the trading mechanism of power spot market to simultaneously guarantee the safe operation of power system and the heating mode of heating unit. To address this issue, this paper analyses the operation conditions and problems of power spot market during winter heating in northern China. Based on the analysis of the power spot market in a northern city, This paper analyzes some crucial problems in the construction of spot market and sums up policy advice for the further construction of spot market adapted to direct electricity purchase by large consumers in northern China.