Research on Coordination between Medium-Long-Term Electricity Trade and Spot Market Trade

Abstract

Transitioning from medium-long-term trade to spot trade will be the only choice for China. First, the paper briefly Summarizes the coordination experience between the medium-long-term market and the spot market in the relatively mature foreign power market, then considers the user-side time-of-use meter installation planning factors, and divides the users into time-of-use transactions and non-time-of-use transactions. Transition path from medium-long-term trade to spot trade can be divided into three steps. The paper briefly analyzes transaction mechanism elements such as trade varieties, clearing mechanism, settlement relationship, security check, and dispatch operation during each stage.