@inproceedings{12faba8348154aaebe8480fd973b94b3,
title = "Unbalanced Funds in Different Electric Power Trading Settlements",
abstract = "The prominently accumulating unbalanced funds emerging in many pilot provinces have become the main barriers of the spot market reform and development in China. This paper aims to clarify the sources of unbalanced funds and try to reduce them. First, the various settlement rules adopted by typical pilots are compared in the double-track system where spot markets coexist with the non-market electricity plan. Then, the mathematic expression of unbalanced funds is derived under different market rules and the corresponding influencing factors are analyzed. Finally, the case studies under different scenarios have shown that the settlement deviation between the forecasted non-market load and its actual power consumption contributes the main unbalanced funds in most periods with sufficient power supply. The results help improving the settlement rules and promote the power market reform in China.",
keywords = "double-track system, electricity spot market, locational marginal prices, unbalanced funds",
author = "Li Xuenong and Bai Hewen and Shao Chengcheng and Pei Ligeng and Zhang Xin and Wang Kai",
note = "Publisher Copyright: {\textcopyright} 2021 IEEE.; 2021 IEEE Sustainable Power and Energy Conference, iSPEC 2021 ; Conference date: 22-12-2021 Through 24-12-2021",
year = "2021",
doi = "10.1109/iSPEC53008.2021.9736053",
language = "英语",
series = "Proceedings - 2021 IEEE Sustainable Power and Energy Conference: Energy Transition for Carbon Neutrality, iSPEC 2021",
publisher = "Institute of Electrical and Electronics Engineers Inc.",
pages = "568--575",
booktitle = "Proceedings - 2021 IEEE Sustainable Power and Energy Conference",
}
