Starting from the market rules of the pilot provinces of the domestic spot market, this paper analyzes the mechanism of market intervention and suspension, the mechanism of the power supply period, and the mechanism of market clearing anomaly. At the same time, combined with the real-time operation of the Inner Mongolia power grid, the traditional dispatching mode and the power spot market operation dispatching mode are compared. Given the abnormal frequency, section overload, and insufficient spinning reserve in real-time operation, an auxiliary decision mechanism of manual intervention in the power spot market is proposed. The mechanism includes load bias setting, section limit bias setting, deviation monitoring, and other auxiliary functions, which provide a method of quick intervention under the electric spot market to ensure the safe and stable operation of the power grid.

Mechanism and Method of Auxiliary Decision-Making for Dispatching Real-time Operation in Electric Spot Market

This paper investigates the evolution of the European electricity markets that are leading to the development of the internal European market for electricity (IEM). Focusing on the wholesale electricity spot markets (day-ahead and intraday), the work presents the fundamental concepts and the state-of-the-art of the IEM. The IEM results from the coupling of different European electricity markets, with the goal of increasing the global efficiency in sharing resources among a large number of countries, by promoting competition, increasing liquidity and enabling a more efficient use of the electricity generation and transmission resources across Europe. The architecture, operation and products of the coupled day-ahead and intraday markets are described, and an analysis of the single day-ahead coupling prices is done, exposing that there are regions within Europe where price converge often but the persistence of different market designs within the IEM is a barrier for the European-wide price coupling and market integration.

Market Coupling in Europe – Principles and Characteristics

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Market Coupling in Europe – Principles and Characteristics