上游充廷大￥ 3.2 Uniform-Pricing model SHANGHAI IIAO TONG UNIVERSITY In the traditional power industry,dispatching center runs the economical dispatch on the basis of the unit cost curve or security constraints. © In the electricity market,dispatching center runs the economical dispatch on the basis of the unit bid curve or security constraints. If the generator and the load has a bilateral deal,it can bid at zero to ensure the fulfillment of the contract. 2016/12/22In the traditional power industry, dispatching center runs the economical dispatch on the basis of the unit cost curve or security constraints. In the electricity market, dispatching center runs the economical dispatch on the basis of the unit bid curve or security constraints. If the generator and the load has a bilateral deal, it can bid at zero to ensure the fulfillment of the contract. 2016/12/22 2 3.2 Uniform-Pricing model