The construction and implementation of a high-performance clearing model in the spot market

With the development of the electricity spot market, the amount of settlement data is massive, the complexity of settlement methods is exponentially increasing, and the settlement errors are also greatly increased. This puts forward higher requirements for the complexity and efficiency of clearing calculation. In this paper, we first construct a high-performance clearing data model for the spot market, and propose a high-performance clearing method based on this model. At the same time, we implement it based on the actual settlement system, and verify that the high-performance clearing method has high usability through calculation examples.

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Publication Details

Journal
IET conference proceedings.
Published
2024-09-17
DOI
https://doi.org/10.1049/icp.2024.2673
Primary Topic
3D Modeling in Geospatial Applications
Type
article
Field-Weighted Citation Impact
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article

The construction and implementation of a high-performance clearing model in the spot market

Ziyu Yue, Suyan Long, Yifan Wang, Lulu Wang
IET conference proceedings.
3D Modeling in Geospatial Applications
article

The construction and implementation of a high-performance clearing model in the spot market

Ziyu Yue, Suyan Long, Yifan Wang, Lulu Wang
article en

Abstract

With the development of the electricity spot market, the amount of settlement data is massive, the complexity of settlement methods is exponentially increasing, and the settlement errors are also greatly increased. This puts forward higher requirements for the complexity and efficiency of clearing calculation. In this paper, we first construct a high-performance clearing data model for the spot market, and propose a high-performance clearing method based on this model. At the same time, we implement it based on the actual settlement system, and verify that the high-performance clearing method has high usability through calculation examples.

IET conference proceedings.Vol. 2024(8)
China Electric Power Research Institute
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Openalex Percentile: Top 84%
3D Modeling in Geospatial Applications
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