Impact of Congestion Management Mechanism on Contract Revenue of Generator

At present, with deepening reform of electricity market in China, the transmission network’s operating environment is complex, and the issue of transmission congestion has received increasing attention. The typical congestion management methods are classified to congestion pricing method and congestion correction method. Besides, congestion management methods of abroad typical electricity markets are summarized. The impact of congestion management mechanism on the contract revenue of power generators are analyzed according to the example of the UK and Australia power market. The relevant case studies verify and conclude that the impact of congestion management on contract revenue is mainly based on whether the compensation for the constrained-on units. At the same time, some suggestions on congestion management mechanism of power market in China are put forward.

Congestion management, nodal price, rescheduling, contract revenue, constrained-on units, contract for difference

Liu Jun, Ding Jie, Huang Weiqun, Zhou Yuan, Sun Renjie, Impact of Congestion Management Mechanism on Contract Revenue of Generator. 2019 International Computer Science and Applications Conference (ICSAC 2019). 2019: 72-75.