Sales Company Bidding Method Based on Spread Back Strategy

DOI

10.2991/meess-18.2018.20How to use a DOI?

Keywords

New electricity market, spread strategy, Power Company, sales company.

Abstract

China is in the early stage of the new electricity market reform. The new electric power company will change its electricity sales side to participate in the power market trading through the sales company. The rationality of the trading model of the sales company in the early stage of the new reform will have a great impact on the cost of both the buyer and the seller. This paper proposes a centralized bidding method based on the spread back spread strategy from the point of view of the sales company. By introducing the return coefficient, the bidder returns the bidding spread to both parties in proportion to reduce the transaction costs of both parties. Based on the experience of foreign countries and the actual situation of the new electricity reform in our country, the paper suggests that the power company adopt the centralized bidding method based on the spread back spread strategy and adopt 80% electricity medium- and long-term bilateral negotiation and 20% electricity real-time electricity to adopt spread back strategy Focus on bidding transactions and give examples of specific deals.

Copyright

© 2018, 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/).

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TY  - CONF
AU  - Bin Zhao
AU  - Kaoshe Zhang
AU  - Gang Zhang
AU  - Ye Yan
AU  - Zihan Ma
AU  - Yongqing Wang
AU  - Fuchao Liu
PY  - 2018/08
DA  - 2018/08
TI  - Sales Company Bidding Method Based on Spread Back Strategy
BT  - Proceedings of the 2018 International Conference on Management, Economics, Education and Social Sciences (MEESS 2018)
PB  - Atlantis Press
SP  - 102
EP  - 107
SN  - 2352-5398
UR  - https://doi.org/10.2991/meess-18.2018.20
DO  - 10.2991/meess-18.2018.20
ID  - Zhao2018/08
ER  -