Market Power Evaluation in Anhui Electricity Spot Market Based on ENR Algorithm
With the rapid advancement of the Anhui electricity spot market and the continuous increase in market size, there are more and more concerns about market members abusing market power (MP). In this study, we aim to comprehensively evaluate the market power of thermal units and accurately identify market power abuse behavior. Firstly, we constructed a market power indicator system applicable to the Anhui electricity spot market. Then we use Elastic Net Regression (ENR) algorithm for indicator screening and weight determination. The proposed method was validated by using the actual trial operation results as an example.
Authors
- Xiao Liang (ORCID: https://orcid.org/0000-0002-2989-6109)
- Hao Tang (ORCID: https://orcid.org/0000-0002-4525-0017)
- Tianyu Chen (ORCID: https://orcid.org/0000-0001-7704-0770)
- Tianwei Liu (ORCID: https://orcid.org/0000-0003-0426-4786)
- Zi Yang (ORCID: https://orcid.org/0000-0002-6548-7943)
- Xianwen He (ORCID: https://orcid.org/0000-0002-3284-1539)
Institutions
- Hefei University of Technology (CN)
- State Grid Corporation of China (China) (CN)
Publication Details
- Published
- 2024-11-22
- DOI
- https://doi.org/10.1109/ifeea64237.2024.10878583
- Primary Topic
- Smart Grid and Power Systems
- Type
- article
- Field-Weighted Citation Impact
- 0.00