The Analysis Of Electricity Price And The Research Of Electricity Value Equivalent For Shanghai Electricity Market

California power crisis has already been over for 7 years, but it was also far influential to the world electricity market reform and did not vanish. California power crisis has accelerated the people to deeply understand the electricity market. In 2002, the State Council 5th document symbolizes that our national electricity reform officially start, it takes the market as the direction in nature, but Chinese market reform actually has the very different background and the performance with the west. The electric power industry has experienced hundred years monopoly, however, the humanity has explored electricity market history only several years and the electricity market theory and the practice is not all mature. Our country electricity reform faces the situation and the question is very different with the western 90's reform, therefore our country electricity reform should study the western successful experience and discard their scum. it is not regarded as a standard, and pauses in the introduction digestion, our country electricity reform cannot completely imitate the western pattern.On November 1, 2006, State Council agree reform implementation opinion which was proposed on'11th five-year plan', it indicated that our country has only established steady electricity transaction market to be able to form fairly competitive, regularly exoteric and the healthily developmental electricity market system. Therefore, the paper mainly cares about two main problems: (1) market security, namely market steadiness. Under maintaining short-term market efficiency premise, whether existing electricity market pricing mechanism (includes uniform clearing price and pay as bid methods) and electricity value equivalent methods can suppress and stops the bad market behavior to spread. (2) Market economy, namely optimized disposition of resources, It includes short-term market efficiency and long-term sustainable development. In other words, in steady foundation (first can achieve in situation), first, whether existing electricity market pricing mechanism (includes uniform clearing price and pay as bid methods) can produce the correct market signal, whether it can guide electricity generators to automatic price according to real cost and guarantee short-term market efficiency, simultaneously it can make the power grid corporation and the electricity generators obtain the enough repayment for a long time, second, whether it can guide investment, optimize electricity structure and enable the market long-term sustainable development., finally, whether it can achieve encourager and compatibility in first assignment. This is precisely two important principles of the electricity value equivalent in design. The electricity value equivalent has three principles in all. Shanghai electricity market is one of earliest experimental unit in our country, Shanghai power grid corporation has the experience of uniform clearing price and the lesson of pay as bid, it has the foundation to research. Therefore, research for Shanghai electricity market is a extremely significant topic, It has not only the important research value in theory, but also it is feasible and the reality in the practice.The work of the paper primary coverage is as follows:1. Estimation of Shanghai electricity market movement situation. The main research content of this part is that, based on actual performance data of Shanghai electricity market, we will reveal the main question which the Shanghai electricity market displays.2. Analysis of Shanghai electricity market which is applied to electricity value equivalent. This part main introduce that under basic load of Shanghai, the type of generator unit and firm structure ground, if we apply electricity value equivalent to analyses Shanghai electricity market, what is the prospect?3. Analysis of agent-based simulation experimental data. This part main introduce that if we apply agent-based simulation to Shanghai electricity market, generators independent price facing electricity value equivalent, we can get its market gambling balanced solution, then, we will examine and evaluate the electricity value equivalent value and significant which is used in Shanghai electricity market.