long-term market operations every day, the
dimension of market entities should be monitored
and analyzed on a daily basis.
4.5 Market Operation
The market operation dimension is mainly used to
comprehensively reflect the overall operation of the
provincial medium and long-term market, medium
and long-term market and auxiliary service market.
Consistent with the dimensions of market entities,
the market operation dimension is generally
monitored and analyzed on a daily basis.
4.6 Market Benefits
The market efficiency dimension mainly reflects the
benefits of the market in terms of releasing the
reform dividend and promoting the consumption of
clean energy, which are reflected by indicators such
as market main body benefits, social welfare and
clean energy consumption. According to the
settlement cycle of the medium and long-term
market, the market efficiency dimension is generally
monitored and evaluated on a monthly basis.
4.7 Market Price
The market price dimension is an important
embodiment of the market operation state, and also
relates to the interests of all market subjects. The
overall price level, price fluctuation, price
reasonableness and other indicators are used to
reflect the market operation status and competition
efficiency, thus providing reference for the
improvement and optimization of medium and
long-term market rules and mechanisms. Due to the
drastic changes in market prices in the medium and
long term, the market price dimension is generally
monitored and analyzed on a daily basis, and some
key indicators need to be monitored on an hourly or
even shorter cycle.
4.8 Market Settlement
The market settlement dimension is mainly used to
evaluate the efficiency of market settlement, the
amount of settlement funds, and the scale of
unbalanced funds, reflecting the overall market cost.
The evaluation cycle of the market settlement
dimension is generally consistent with the settlement
cycle of the medium and long term market, which
can be monitored and analyzed monthly.
4.9 Grid Security
The power grid security dimension is mainly used to
reflect the power grid security operation in the
medium and long-term market environment. Power
grid security is the premise of medium and
long-term market operation, so the power grid
security dimension is generally monitored and
analyzed on a daily basis.
5 CONCLUSIONS
This paper puts forward a general market operation
monitoring framework for the design of inter
provincial and intra provincial market monitoring
and evaluation systems, including the overall index
system of Gansu electric power medium and
long-term market operation monitoring in 9
dimensions of market environment, market
construction, market structure, market subject,
market operation, market efficiency, market price,
market settlement, and power grid security The
medium and long-term market evaluation index
system in the province can be designed in detail
based on the overall framework.
ACKNOWLEDGEMENTS
On the completion of this paper, I would like to
express my heartfelt thanks and sincere respect to all
the leaders and colleagues of the Medium and Long
Term Continuous Operation Mechanism Research
Project of Gansu Power Market. Thank you for your
patient guidance and for providing me with so many
learning materials. Your help is indispensable for the
smooth completion of this article.
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