Market power evaluation and surveillance is one of the most important contents to ensure the effective operation of electricity market. A mechanism that can greatly improve the supervising and managing efficiency is proposed. First
according to the SCP analysis frame (market structure
market behavior
market performance) in the industrial economics
the index systems to evaluate the market power level of the entire market and the market power of specified generation company separately are constructed. Secondly
a fuzzy hierarchy comprehensive evaluation method is presented to evaluate the market power warning levels of the market
congestion areas and specified generation companies in real time. Then
according to the evaluating result of SCP
the monitor map is painted with different colors and the corresponding supervision decision is made to the link of problem in time. Finally
using the historical market data of a real electricity market
it is proved that the market power warning and surveillance decision-making mechanism based on SCP model proposed can effectively identify the market power level of S
C
P and the tactical bidding behaviors of generation companies.