Liberalization of Electricity Sales Side for Electricity Market-Oriented Transaction Mode

• Published in: Journal of Electrical Systems Vol. 20; no. 4s; pp. 140 - 152
• Main Authors: Zhao, Shasha, Zhu, Yakui
• Format: Journal Article
• Language: English
• Published: Paris Engineering and Scientific Research Groups 08.04.2024
• Subjects: Business competition; Data base management systems; Electricity; Electricity distribution; Information management; Sales
• ISSN: 1112-5209
• DOI: 10.52783/jes.1903

The market-oriented reform of the energy sales side is currently having a considerable impact, and in the economically developed regions, the electricity sales industry has evolved a competitive trend. Power grid corporations now compete in the market rather than serving as the traditional dominant force in electricity sales. After a new round of electrical reform, a key concern for the growth of firms is how to better integrate into the reform and increase their core competitiveness. The dangers associated with power market-oriented trading are examined in this study, and three risk mitigation strategies are suggested: the creation of a big data power trading platform, an information management system, and a blacklist system. The findings demonstrate that the optimal trading approach can successfully reduce the risk of variation in electricity assessments and generate significant revenue from electricity usage for power users. Additionally, we develop a multiobjective combination optimisation profit model and advise positioning and defences for businesses following the introduction of the power selling side.