Research on the Settlement Mechanism of Electricity Market Considering Imbalance Funds

In view of the key issues such as electric energy tariff diversion and imbalance cost sharing in the bilateral power market under the dual-track system in China, the dual settlement system of’’day-ahead benchmark, real-time volume difference and contract price difference’’ is used to realize the coupling settlement between contract market and spot market, and the responsibility of constructing imbalance fund sharing model is considered, and the imbalance fund handling mechanism is designed. A bilateral spot market settlement mechanism considering the imbalance of capital processing has been established. The multi-tariffsettlement system can improve the enthusiasm of power generation and consumption entities to participate in the electricity market, and provide relevant reference suggestions for bilateral electricity market settlement under the dual-track system.