Symmetry-Guided Analysis of Market Characteristics and Electricity Prices Anomaly: A Comparative Framework of Influencing Factors

Electricity spot prices jointly encode network physics and strategic bidding outcomes. In a well-functioning market, nodal and temporal price patterns tend to remain approximately invariant under mild perturbations-exhibiting symmetry-preserving regularities in distribution shape, spatial gradients, and temporal variation. Conversely, congestion binding, net-load stress, and abnormal bidding can induce symmetry breaking, manifested as heavy tails, mean shifts, and localized price discontinuities. This study develops a symmetry-guided and explainable diagnostic framework to identify price anomalies and attribute their dominant drivers. First, representative anomaly types (spike and mean shift) are defined using statistically and operationally motivated criteria, together with robustness checks across alternative thresholds. Second, principal component analysis is applied to construct compact, anomaly-specific feature sets, filtering weakly related variables while retaining system stress, congestion proxies, and renewable-induced variability indicators. Third, leveraging the optimization structure of market clearing and the associated KKT conditions, we characterize the price–feature linkage as a piecewise mapping and quantify each feature’s contribution via a sampling-based influence scoring procedure, yielding a ranked causal attribution. Case studies on a regional day-ahead spot market dataset demonstrate that the proposed framework achieves high consistency with expert assessments, with traceability accuracy exceeding 85% overall and particularly strong performance for spike-type anomalies. The method reduces reliance on purely manual diagnosis and black-box learning, and provides symmetry-oriented, actionable evidence for market surveillance and renewable-friendly flexibility and congestion management design. The proposed framework enables transparent identification of dominant structural drivers underlying different types of electricity price anomalies, linking observed price signals to market-clearing mechanisms. The results provide actionable diagnostic insights for market monitoring and regulatory assessment in electricity markets with high renewable penetration.