Externality Research of Electrical Ancillary Service

DOI

10.2991/itms-15.2015.355How to use a DOI?

Keywords

electric power market; auxiliary service; externalities

Abstract

Externalities constitute an important research area of modern western economics, and mark a distinctive feature of electric power auxiliary service (EPAS). By integrating the theory of externalities to the study of EPAS, this thesis ex-pounds the definition, category and influence of externalities of EPAS and proposes some solutions and suggestions to eradicate these externalities. At the preliminary stage of separating power plants from power grids, attention should be paid to the Pigovian Solution, which favors government intervention. However, Pigovian Solution has defects in itself, and with the development of power reform, Coase Solution based on market transactions is promoted, which creates an economic approach to deepen understanding of EPAS and build up the market of it.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Yonggang Zhu
AU  - Liming Ying
AU  - Hu Xiong
AU  - Fangmei Bie
PY  - 2015/11
DA  - 2015/11
TI  - Externality Research of Electrical Ancillary Service
BT  - Proceedings of the 2015 International Conference on Industrial Technology and Management Science
PB  - Atlantis Press
SP  - 1455
EP  - 1458
SN  - 2352-538X
UR  - https://doi.org/10.2991/itms-15.2015.355
DO  - 10.2991/itms-15.2015.355
ID  - Zhu2015/11
ER  -