Research On The Measurements And The Theory Of Restraint To Electrical Market Power

The market power is a research task increasingly attended in electricity market reform. The generation supplies raise electrical price and get excess profits by exercising market power, which damages not only the benefits of the power consumer but also results in non effective competition of the market and non reasonable configuration of the resources. This deviates the initial principle of market reform and baffles the development of electric reform. So it is necessary to research it. At the same time ,it also The paper explains the concept of market power and analyzes the reason of existing and its damage. It also concludes several methods to measure market power and introduces the concept of entropy, making use of statistic entropy to measure market power. This paper also discusses that using market price controlling index to scale market power and have exercises to explain. It presents the common methods to restrain market power and imports game theory...