E3S Web Conf.
Volume 194, 20202020 5th International Conference on Advances in Energy and Environment Research (ICAEER 2020)
|Number of page(s)||4|
|Section||Power Engineering and Power Generation Technology|
|Published online||15 October 2020|
Forward Design of Financial Transmission Right Market in China
1 School of Economics and Management, North China Electric Power University, Changping District, Beijing, China
2 State Grid Energy Research Institute Company Limited, Changping District, Beijing, China
3 Economic and Technical Research Institute, State Grid Fujian Electric Power Company Limited, Fujian, China
* Corresponding author: email@example.com
Financial transmission right (FTR) is a kind of financial instrument to avoid congestion cost risk caused by transimission congestion. Based on the development experience of foreign transmission right market, the paper designs the financial transmission right market in line with the operation characteristics of China’s power system, including the design of transmission right product, transaction rules and settlement. Finally, the rationality and operability of the transmission right market design scheme are verified by an example calculation. The paper aims to provide theoretical reference for the construction of transmission right market in China.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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