Research on Trading Strategies of Gas Power Generation Enterprises in Guangdong Electricity Market
Under the circumstance of a well-established electricity market in South China(start from Guangdong Province),making a well trading strategy plays a key role in guiding the participation of electricity spot market for gas power generation enterprises.This thesis pointed out a settlement mode which was more suitable for gas generator unit and analysed the contributing factors of medium and long term trading and spot trading with this settlement mode separately,as well as the precise impact by these factors to the medium and long term trading and spot trading.At the same time,this thesis analysed the strategies of medium and long term trading which were based on its three factors as well as the strategies of spot trading which were based on its two factors,and pointed out corresponding suggestions of trading decision.When formulating a medium and long term strategy,gas power generation enterprises may adjust the power quantity,price and decomposition curves of the agreement according to the specific situations of trading cap,trading demand,predicted nodal price,fuel price and contracted gas quantity.When formulating a spot strategy,declared price and declared power should be adjusted by the gas power generation enterprises according to the specific situations of predicted nodal price and fuel cost,so as to optimize the strategies of medium and long term trading and spot trading,increase the return of price spread of the medium and long term trading as well as the earning of the spot trading,and step up the competition ability of gas generator units in the electricity spot market.
electricity marketgas power generationtrading strategymedium and long term tradingspot trading