Influence of Electricity Futures Market on Power Generation Companies

With the advance and the management mode change of domestic electricity market,some new problems emerge in power production.As a development model of electricity market,the electricity futures market introduces a marketing tool for solving the contradiction problem between coal and power,and brings a new inspiration for improving the production mode of electricity industry as well.This paper introduces about how to change the traditional management ways of power generation companies by both arbitrage and hedging mechanism and price-discovery mechanism,and discusses the design of the electricity futures market on the basis of the generation rights trade experience of the east China power market.