tailieunhanh - Electricity Infrastructures in the Global Marketplace Part 14

Tham khảo tài liệu 'electricity infrastructures in the global marketplace part 14', kỹ thuật - công nghệ, cơ khí - chế tạo máy phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | Power Markets of Asian Countries in the International Markets Environment 619 3 Support for the operation of interconnected transmission lines management of ATC maintenance work coordination and congestion management 4 Provision of information about transmission systems. As shown in Figure the ESCJ is composed of a governing board and various expert committees such as a rule-making committee and a rule monitoring committee under the control of a general meeting of members who are the general power utilities PPSs wholesale electricity suppliers and neutral parties each having an equal voting right. A consultative board conveys the views of non-members to the Council. Figure . Structure of the ESCJ The Japan Electric Power Exchange The Japan Electric Power Exchange JEPX is a privately managed voluntary institution that was founded as Japan s first nationwide power exchange. The JEPX performs risk management functions including the formation of a benchmark price and the provision of selling and procurement means in the event of a mismatch of supply and demand. Anyone who is capable of handling the generation and has assets worth 10 million yen or more can participate in the trading market. The JEPX deals in the following types of market. 1 Day-ahead market spot deals Spot deals are deals for selling and buying electricity in units of 30 minutes to be used the next day and for 48 different commodities of electricity. Contracts are closed on the singleprice auction basis. 620 Electricity Infrastructures in the Global Marketplace 2 Forward market Forward market deals sell and buy electricity for one year ahead from the following month in one-month units. Contracts for 24-hour delivery and for daytime delivery from 8 . to 10 . on weekdays are traded. Transactions are performed on a continuous session price-oriented time-oriented basis. Assessment of Institutional Reforms A study on deregulating retail electricity for all customers started in