Open AccessResearch on Power Market Stability and Risk Management Based on Heterogeneous Information Sources
Author(s) -
Chunxiao Liu,
Zhiyong Li,
Qiang Zhou,
Zhang Peishen
Publication year - 2020
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1550/3/032093
Subject(s) - electricity market , industrial organization , currency , electric power , business , electric power system , electric power industry , electricity , production (economics) , market analysis , economics , stability (learning theory) , consumption (sociology) , power (physics) , risk analysis (engineering) , market economy , microeconomics , computer science , marketing , engineering , macroeconomics , physics , quantum mechanics , machine learning , electrical engineering , social science , sociology
The development of power markets in various countries in the world and the gradual formation of China’s power market require academic circles to provide research theories related to the power market to support them. In the competitive environment, fundamental changes have taken place in power production, trading and consumption. The operating conditions of the system are harsh and uncertain. The problem of safety and stability is becoming more and more prominent. Judging from the international and domestic development situation, it is a historical necessity for electricity to enter the market. When electric power goes to market, it is necessary to bring electric power industry into the framework of market economy. Stability is the basis for the normal operation and sustainable development of the system, so it is more urgent to promote the healthy development of the power market by the research results of power market stability. The risk analysis method reflects the mathematical expectation of loss by the product of accident probability and accident consequence, so it can effectively unify the stability and economy on the dimension of currency, and realize the analysis and decision-making of technical and economic integration.