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Review of information disclosure in different electricity markets
Yang,Yang1; Bao,Minglei1; Ding,Yi1; Song,Yonghua1,2; Lin,Zhenzhi1; Shao,Changzheng1
2018-12-01
Source PublicationEnergies
ISSN1996-1073
Volume11Issue:12
Abstract

Electricity markets have been established in many countries of the world. Electricity and services are traded in the competitive environment of electricity markets, which generates a large amount of information during the operation process. To maintain transparency and foster competition of electricity markets, timely and precise information regarding the operation of electricity market should be disclosed to the market participants through a centralized and authorized information disclosure mechanism. However, the information disclosure mechanism varies greatly in electricity markets because of different market models and transaction methods. This paper reviews information disclosure mechanisms of several typical electricity markets with the poolco model, bilateral contract model, and hybrid model. The disclosed information and clearing models in these markets are summarized to provide an overview of the present information disclosure mechanisms in typical deregulated power systems worldwide. Moreover, the various experiences for establishing an efficient information disclosure mechanism is summarized and discussed.

KeywordBilateral Contract Model Electricity Market Hybrid Model Information Disclosure Poolco Model
DOI10.3390/en11123424
URLView the original
Indexed BySCIE ; SSCI
Language英語English
WOS Research AreaEnergy & Fuels
WOS SubjectEnergy & Fuels
WOS IDWOS:000455358300185
Scopus ID2-s2.0-85059263526
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Cited Times [WOS]:12   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionFaculty of Science and Technology
Corresponding AuthorDing,Yi
Affiliation1.College of Electrical Engineering,Zhejiang University,Hangzhou,310027,China
2.Department of Electrical and Computer Engineering,University of Macau,519020,Macao
Recommended Citation
GB/T 7714
Yang,Yang,Bao,Minglei,Ding,Yi,et al. Review of information disclosure in different electricity markets[J]. Energies,2018,11(12).
APA Yang,Yang,Bao,Minglei,Ding,Yi,Song,Yonghua,Lin,Zhenzhi,&Shao,Changzheng.(2018).Review of information disclosure in different electricity markets.Energies,11(12).
MLA Yang,Yang,et al."Review of information disclosure in different electricity markets".Energies 11.12(2018).
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