Research Of Financial Transaction Mode Selection In Power Market Of ZJ Province

ZJ province electric power market faces a serious developmental problems. Theelectric power construction and production operation cannot effectively reflect supply and demand and guide investment. Power grid peak shaving problem increasingly prominently, and the current price is higher than others. ZJ province electric power market need reform the market mechanism to establish the market of decisive role on the allocation of resources,and found the real price of electricity, reduce electricity cost and to guide investment and consumptionscientifically. The implementation of the electricity market reform, will greatly increase the market risk that led by price volatility. In order to achieve the risk management of electricity market, and ensure the stable operation, foreign mature power market successively introduced financial derivatives trading. Some of them are operatingsuccessfullyand improving constantly,others ends in failure. Therefore, the use of which kind of financial transaction mode,and how to start the electric power market is a financial transaction has become an important problem to consider what ZJ had electric power market construction, also is the main content of this paper to study. Therefore,it has become an important issue to be consideredto use of what kind of financial transaction model and how to start the electricity market financial transactions of ZJ power market. It is alsothe focus of our research.This paper is divided into five parts. The first part of the article is the introduction, mainly discusses the research background and significance, research content and method, etc. The second part expounds the related theory of ppwer commodities, including the futures properties of electric power commodity, the kind of electric power derivative product, the necessity and particularity of electric power derivative transaction. The third part compares and analyzes several successful foreign financial market financial trading modes,and summarizes the experience of foreign electric power market as a reference for ZJ electricity market financial transaction mode. The fourth part introduces the general situation of ZJ electricity market firstly,including network structure, main body structure, the current principal contradiction of the electricity market, etc., and then put forward the reasonable electricity market financial transaction mode choice, combining the successful experience of foreign electric power market financial transactions. Finally, the market risk analysis is carried out, which shows that the introduction of the corresponding financial transaction model has a certain effect on reducing the market risk.The fifth part of the article on the ZJ power market financial transactions in the process of possible risks were predicted, and put forward the corresponding preventive measures.Fifth part of the article forecast the possible risk in the process of financial transaction of ZJ, and puts forward some corresponding preventive measures.