Analysis on Characteristics of Singapore′s Power Market Settlement and Risk Management

[Introduction] In order to learn from the development experience of the Singapore power market, analyze its settlement and risk management characteristics, and provide suggestions for the construction of power market in South China. [Method] After a ten-day research and study on the Singapore′s powe...

Full description

Bibliographic Details
Main Authors: HUANG Xiaoting, ZHANG Tingying, XU Zhe
Format: Article
Language:English
Published: Energy Observer Magazine Co., Ltd. 2019-12-01
Series:南方能源建设
Subjects:
Online Access:https://www.energychina.press/en/article/doi/10.16516/j.gedi.issn2095-8676.2019.04.004
Description
Summary:[Introduction] In order to learn from the development experience of the Singapore power market, analyze its settlement and risk management characteristics, and provide suggestions for the construction of power market in South China. [Method] After a ten-day research and study on the Singapore′s power market, the author combined with her own experience in the construction of the power market in the southern region to form this paper. [Result] This paper briefly introduces the general situation of Singapore′s power market, systematically analyzes the settlement mechanism and settlement algorithm of Singapore′s power market, and introduces the characteristics of its power market risk management in detail. [Conclusion] The Singapore power market pays attention to the top-level design of the power market, the sound policies and regulations and rules system, the clear curing of core processes, and the diversification of talent reserves. It is worth learning from the process of building a regional integrated power market in Southern China.
ISSN:2095-8676