Improvement of pricing mechanism in generation rights trade and bidding rule

This paper researches pricing mechanism in generation rights trade in terms of improving competitiveness and keeping fairness of the trade based on the idea of high-low matching in matching trade model.It improves the bid rules of matching trade model from the respect of contract parties scale and transaction price.It designs the uniform transaction price,then analyses its operability and proofs its advantage by an example.Furthermore,it evaluates the limitations of the transaction price.