Proceedings of the 4th International Conference on Economy, Judicature, Administration and Humanitarian Projects (JAHP 2019)

The Review on the 40 Years of Marketization Reform in China's Power Industry and Its Future Prospects

Authors
Kun Xiao, Yi Wang, Jingdong Zhang
Corresponding Author
Jingdong Zhang
Available Online September 2019.
DOI
https://doi.org/10.2991/jahp-19.2019.98How to use a DOI?
Keywords
power industry; reform and opening up; review
Abstract
In the past 40 years, China's power industry reform has made remarkable achievements, and it has explored a development path that is in line with national conditions. This paper sorts out its reform, summarizes the research results and prospects the future development. The study found that its reform has experienced three stages: start-up, speed-up and exploration, that is, from backward capacity transformation to "plant and network separation" to electricity market trading. In recent years, the green card transaction and carbon trading have pushed their reforms into the critical period and linked to the global reduction of carbon emissions. The challenges of the power industry in the future will focus on transmission and distribution prices and cross-subsidy approval, power transaction type co-ordination, inter-regional imbalances and inter-provincial barriers.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Kun Xiao
AU  - Yi Wang
AU  - Jingdong Zhang
PY  - 2019/09
DA  - 2019/09
TI  - The Review on the 40 Years of Marketization Reform in China's Power Industry and Its Future Prospects
BT  - The 4th International Conference on Economy, Judicature, Administration and Humanitarian Projects (JAHP 2019)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/jahp-19.2019.98
DO  - https://doi.org/10.2991/jahp-19.2019.98
ID  - Xiao2019/09
ER  -