Lessons from Global Experience
1. Auflage 2020,
260 Seiten, Gebunden, HC runder Rücken kaschiert, Format (B × H): 153 mm x 216 mm, Gewicht: 488 g
Verlag: Springer International Publishing
Pollitt Reforming the Chinese Electricity Supply SectorThe Chinese electricity sector is the largest in the world, covering well over 20% of the world's electricity supply. While many other countries liberalized their electricity systems in the 1990s, thereby creating competitive wholesale and retail electricity markets, China’s move towards liberalization has advanced at a slower pace – until now.
Following the China State Council's publication of the No. 9 document on 'Deepening Reform of the Power Sector', this book reflects on the ambitious new round of reforms aimed at introducing competitive wholesale electricity markets and incentive regulation for its power grids. Written in collaboration with Hao Chen, Lewis Dale and Chung-Han Yang, this book provides lessons for China’s reforms from international experience, combining a detailed review of reforms from around the world with specific application to China and focuses on how the industrial price of electricity is determined in a liberalized power system.
Weitere Infos & Material
Chapter 1: An Introduction to the Chinese Power System This chapter would introduce the power system and discuss its scale and scope. We would document its size, carbon impact, renewables, demand structure and its significant companies. It would discuss the recent history of the sector and the background to the 2015 power sector reforms. Chapter 2: Lessons for China from international experience of power sector reform (with Hao Chen and Chung-Han Yang) This chapter would introduce and discuss 14 different electricity reform elements from international experience. Under each of these reform elements we discuss: its theoretical significance; general reform experiences with it; and its application in the Chinese context. Our motivation is how China might bring down the currently high industrial price of electricity. We identify four promising sources of price reduction: the introduction of economic dispatch of power plants; rationalisation of electricity transmission and distribution; reduction of high rates of investment; and rebalancing of electricity charges towards residential customers. We draw out some overall lessons and identify some important points for future research into Chinese power market reform. Chapter 3: Power market reform in China - Lessons from Guangdong (with Hao Chen and Chung-Han Yang)