Research on the Operational Evaluation Model of Electricity Spot Market Based on Fuzzy Analytic Hierarchy Processand Evaluation

This article proposes a design framework for a set of key indicators tailored to the operational monitoring needs of China's provincial-level electricity spot market. The framework is based on the development stages of the spot market, divided into near-term and long-term phases to adapt to the gradual maturity of the market and the improvement of mechanisms. In the near-term phase, the indicator system focuses on market construction, market entities, and operational conditions, emphasizing rapid initiation and continuous optimization in practice. The long-term phase expands to deeper evaluations such as market entity behavior, market efficiency, and price analysis. The article elaborates on the design of key indicators, including market environment, market construction, market entity conditions, market structure, market operations, market efficiency, and grid security, aiming to comprehensively reflect the operation status of the spot market. Additionally, the article introduces the Fuzzy Analytic Hierarchy Process (FAHP) as a new method for evaluating indicator weights, to improve the efficiency and accuracy of the evaluation process. Through the implementation of this indicator system, effective monitoring and evaluation of the development of provincial-level spot markets can be achieved, providing scientific basis for policy-making and market regulation.