The new Method for the Power System model


  • Yeming Wang College of Business, Sichuan University, Chengdu, China, 610065, P.R. China



Electricity system modeling, strategic research, technical economy


Power system modeling is software management tool for managing electricity demand, power system trading
electricity and power system generation expansion planning purposes, through the combination of various models and
their comparison, which can be used by the Government for its policy support and by the power enterprises for their business
development planning decision support, and ensure that power enterprises can provide sufficient and safe quality
power supplies at the lowest economic and environmental costs. Based on the study of existing power system models of
advanced western countries as well as the current domestic power system modeling status, this article puts forward some
proposals and ideas on building domestic power system models.


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New England Market:

Ontario Market:

PJM Market:

New York Market:

World-wide competition within the EUNITE network:

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How to Cite

Y. Wang, “The new Method for the Power System model”, ASP trans.neural inf. comput., vol. 1, no. 1, pp. 10–13, Jun. 2021.



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