Research Article
A Study on the Evaluation Index System for the Operation and Development of Electricity Wholesale Markets Based on FAHP-DEMATEL: A Case Study of Henan Province
@INPROCEEDINGS{10.4108/eai.27-10-2023.2342032, author={Jianing Zhu and Yang Han and Hao Yin and Bo Sui and Mei Wang and Haibo Wu and Mingshun Ji and Xinrui Zhong}, title={A Study on the Evaluation Index System for the Operation and Development of Electricity Wholesale Markets Based on FAHP-DEMATEL: A Case Study of Henan Province}, proceedings={Proceedings of the 4th International Conference on Economic Management and Big Data Applications, ICEMBDA 2023, October 27--29, 2023, Tianjin, China}, publisher={EAI}, proceedings_a={ICEMBDA}, year={2024}, month={1}, keywords={electricity market power trading center electricity wholesale market operation management development evaluation delphi method sensitivity analysis decision making trial and evaluation laboratory fuzzy analytic hierarchy process}, doi={10.4108/eai.27-10-2023.2342032} }- Jianing Zhu
Yang Han
Hao Yin
Bo Sui
Mei Wang
Haibo Wu
Mingshun Ji
Xinrui Zhong
Year: 2024
A Study on the Evaluation Index System for the Operation and Development of Electricity Wholesale Markets Based on FAHP-DEMATEL: A Case Study of Henan Province
ICEMBDA
EAI
DOI: 10.4108/eai.27-10-2023.2342032
Abstract
The healthy development of the power spot market is of great significance to the power economic system. To achieve long-term stable operation of the spot market, it is necessary to improve market construction from multiple aspects. This paper selects indicators from eight aspects: compliance, participation, supply-demand relationship, price distribution, electricity distribution, bidding behavior, operational risks, and personnel organization management risks of the wholesale power market, using the Delphi method and sensitivity analysis. A two-level index system of primary and secondary indicators is established. The Decision Making Trial and Evaluation Laboratory (DEMATEL) method is used to analyze the influence between indicators. Combined with the Fuzzy Analytic Hierarchy Process (FAHP), the indicator weights are determined, key influencing factors for the healthy operation of the spot market are identified, and decision references are provided for the construction and development of the spot market.