Power Market Deregulation Vertically Integrated Utilities Generation IPP IPP Character: separated plant Transmission Tie Line Tie Line and network; bidding to connect IPP Distribution IPP to the network The introduction of power market brings competition, Genco Genco Genco in the mean while, Tie Line Tie Line brings risk to Transco power system Genco Genco Genco Genco 电力桑镜广城测量名控制四可省重点实验蜜 家电网电力系统广域测量与控制四川省重点实验室 Power Market Deregulation  The introduction of power market brings competition, in the mean while, brings risk to power system Generation Transmission Distribution IPP IPP IPP IPP Vertically Integrated Utilities Tie Line Tie Line Transco Genco Genco Genco Genco Genco Genco Genco Tie Line Tie Line  Character: separated plant and network; bidding to connect to the network