Research On Price Risk Avoidance Of Power Generation Enterprises In The Reform Of Electricity Market

With the beginning of power reform in the world,the concept of deregulation has been put forward,and the generation,transmission,distribution and sale of electricity have been divided according to the commercial point of view,which has also promoted the development of the power industry.With the development of economy,electricity finance has gradually derived the products of futures and options,which makes the participants of power industry get the tools to avoid risks.At home,the electric power industry also needs systematic reform,especially the market mechanism.China's electricity consumption is very huge,China's economy is also greatly affected by the power industry.Based on this,this paper firstly studies the theory of price risk in electric power market,briefly expounds the theory of market operation and operation mode,and then analyzes the theory of evading electricity price,including the risk of electricity price and the principle of avoiding electricity price.The importance of various theories in risk management is briefly analyzed.Through the analysis of the electricity market,this paper makes an empirical analysis on the electricity market price.According to the actual situation of the electricity market and the market futures and spot prices,the paper analyzes the influence factors of the electricity price risk.Most affected by bidding and demand.Based on the above research,this paper proposes a way to avoid the risk of electricity price.The strategy of risk aversion is studied from three points of view,such as high demand,low demand and bidding.Finally,a summary of this paper is made,and a proposal for development is put forward.Under the current market trading mechanism,power generation enterprises are mainly based on the principle of maximizing benefits.In order to improve the market position,the power generation enterprises use derivative tools to avoid the electricity price risk under the mature condition of the electricity market,which is not mature in the electricity market.Under the conditions,the bidding strategy is constantly adjusted,the cooperation and competition of the participants in the power industry are carried out,and the resources are reallocated through the price prediction to ensure the economic interests of the enterprises.