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Research on unbalanced capital settlement system in foreign power market

This paper preliminarily studies the unbalanced capital settlement system of foreign mature power market. In view of the unbalanced funds faced by the construction and promotion of China's spot market, the typical foreign power markets of Britain, northern Europe, PJM and Australia are selected to study, summarize and compare the generation, settlement, allocation and treatment mechanisms of their unbalanced funds. Three differences of unbalanced capital mechanism between China's current power market and foreign typical power market are analyzed. This paper summarizes the Enlightenment of the unbalanced funds in foreign power market on the construction of China's power market in five aspects, and puts forward five suggestions on the unbalanced funds treatment mode and mechanism to adapt to the development of China's power market based on the actual situation of China and the above experience of the unbalanced funds treatment in foreign mature power market. It provides a useful reference for China to further accelerate the construction of the spot market and better connect with the medium and long-term market.