Multi-dimensional evaluation of power market based on multiple attribute decision making
Power market evaluation can reflect the problems in market construction and operation, which is of great significance to the healthy development of power market and the improvement of market rules. Nowadays, several countries are still in the progress of power market liberalization, and an effective...
| Main Authors: | , , , , , , , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2022-08-01
|
| Series: | Energy Reports |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484722003547 |
| _version_ | 1798001175276027904 |
|---|---|
| author | Jinrui Cui Yating Li Zhemin Lin Chuan He Pei Wang Yongbo Li Xinyi Liu Zhi Zhang Hanhan Qian Zhenzhi Lin Li Yang |
| author_facet | Jinrui Cui Yating Li Zhemin Lin Chuan He Pei Wang Yongbo Li Xinyi Liu Zhi Zhang Hanhan Qian Zhenzhi Lin Li Yang |
| author_sort | Jinrui Cui |
| collection | DOAJ |
| description | Power market evaluation can reflect the problems in market construction and operation, which is of great significance to the healthy development of power market and the improvement of market rules. Nowadays, several countries are still in the progress of power market liberalization, and an effective power market evaluation system has not been established. In this paper, a hierarchical evaluation system of power market is established according to the construction situation of the developing power markets, which includes market competition level, market operation level, market development level, market opening level and market efficiency level. Then, the Delphi method and the entropy method are used to comprehensively weight the index based on the multiple attribute decision-making theory, and radar charts are used to evaluate the power market. By using the proposed evaluation index and method, the operation condition of a provincial power market in China is analyzed. |
| first_indexed | 2024-04-11T11:31:58Z |
| format | Article |
| id | doaj.art-ebcbaf3eebd54be9bb3a2d9b1f92cd99 |
| institution | Directory Open Access Journal |
| issn | 2352-4847 |
| language | English |
| last_indexed | 2024-04-11T11:31:58Z |
| publishDate | 2022-08-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Reports |
| spelling | doaj.art-ebcbaf3eebd54be9bb3a2d9b1f92cd992022-12-22T04:26:07ZengElsevierEnergy Reports2352-48472022-08-0185965Multi-dimensional evaluation of power market based on multiple attribute decision makingJinrui Cui0Yating Li1Zhemin Lin2Chuan He3Pei Wang4Yongbo Li5Xinyi Liu6Zhi Zhang7Hanhan Qian8Zhenzhi Lin9Li Yang10Anhui Power Exchange Center Co., Ltd., Hefei 230061, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou 310027, ChinaAnhui Power Exchange Center Co., Ltd., Hefei 230061, ChinaAnhui Power Exchange Center Co., Ltd., Hefei 230061, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou 310027, ChinaAnhui Power Exchange Center Co., Ltd., Hefei 230061, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou 310027, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou 310027, China; Corresponding author.Anhui Power Exchange Center Co., Ltd., Hefei 230061, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou 310027, China; School of Electrical Engineering, Shandong University, Jinan 250061, ChinaSchool of Electrical Engineering, Zhejiang University, Hangzhou 310027, ChinaPower market evaluation can reflect the problems in market construction and operation, which is of great significance to the healthy development of power market and the improvement of market rules. Nowadays, several countries are still in the progress of power market liberalization, and an effective power market evaluation system has not been established. In this paper, a hierarchical evaluation system of power market is established according to the construction situation of the developing power markets, which includes market competition level, market operation level, market development level, market opening level and market efficiency level. Then, the Delphi method and the entropy method are used to comprehensively weight the index based on the multiple attribute decision-making theory, and radar charts are used to evaluate the power market. By using the proposed evaluation index and method, the operation condition of a provincial power market in China is analyzed.http://www.sciencedirect.com/science/article/pii/S2352484722003547Market evaluationMultiple attribute decision makingComprehensive weightingRadar charts |
| spellingShingle | Jinrui Cui Yating Li Zhemin Lin Chuan He Pei Wang Yongbo Li Xinyi Liu Zhi Zhang Hanhan Qian Zhenzhi Lin Li Yang Multi-dimensional evaluation of power market based on multiple attribute decision making Energy Reports Market evaluation Multiple attribute decision making Comprehensive weighting Radar charts |
| title | Multi-dimensional evaluation of power market based on multiple attribute decision making |
| title_full | Multi-dimensional evaluation of power market based on multiple attribute decision making |
| title_fullStr | Multi-dimensional evaluation of power market based on multiple attribute decision making |
| title_full_unstemmed | Multi-dimensional evaluation of power market based on multiple attribute decision making |
| title_short | Multi-dimensional evaluation of power market based on multiple attribute decision making |
| title_sort | multi dimensional evaluation of power market based on multiple attribute decision making |
| topic | Market evaluation Multiple attribute decision making Comprehensive weighting Radar charts |
| url | http://www.sciencedirect.com/science/article/pii/S2352484722003547 |
| work_keys_str_mv | AT jinruicui multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT yatingli multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT zheminlin multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT chuanhe multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT peiwang multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT yongboli multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT xinyiliu multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT zhizhang multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT hanhanqian multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT zhenzhilin multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking AT liyang multidimensionalevaluationofpowermarketbasedonmultipleattributedecisionmaking |