Research on the trading settlement mechanism of electricity market

Abstract

Along with the continuous development and deepening reform of the Chinese power market, the main body of the power market trading is increasing day by day, the marketization of the transaction electricity has increased substantially, and the types and cycles of the transactions also become more diversified, which puts forward higher requirements for the settlement of transactions in the Chinese power market. This paper is based on the research of the current development status of Chinese power market transactions settlement, explores the effective operation mode of the power market transactions settlement mechanism, which can promote the establishment of the power market transactions settlement mechanism better and faster.