The Research On Consumer Real-Time Prices Based On Power Allocation Theory

The price forming mechanism, which is the core of the power market development, can adjust supplement and requirement, allocate resources reasonably. The conventional retail price based on embedded cost method, which is formed by the government or other agency of power, obstructs the healthy of the market. The classical real-time pricing theory offers economic signals for the market player. But this theory couldn't adapt the mechanism of competing price well and couldn't balance the income and expenses. This paper based on power allocation theory confirms the power source which the loads and network loss consumed according to the real physical flow. And in this paper a consumer real-time price calculating method is issued which can adapt two different settlement mechanisms such as SMP and PAB. In this paper, the consumer response is used in analysis the alteration of power consume and in the end a example is given to improve this real-time price calculating method can inhibit the price spiking and restrain the power consume as well.