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Reforming the Chinese Electricity Supply Sector

Author: Michael G. Pollitt

Publisher: Springer Nature

Published: 2020-06-29

Total Pages: 279

ISBN-13: 303039462X

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The 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.

Book Synopsis Reforming the Chinese Electricity Supply Sector by : Michael G. Pollitt

Download or read book Reforming the Chinese Electricity Supply Sector written by Michael G. Pollitt and published by Springer Nature. This book was released on 2020-06-29 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 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.

China's Power Sector Reforms

Author: International Energy Agency

Publisher: OECD/IEA

Published: 2006

Total Pages: 164

ISBN-13:

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With the fastest growing energy demand in the world, China is now the largest electricity consumer after the United States. Assessing the current state of electricity regulation in China, this report draws on experience elsewhere to explore how better to develop and communicate strategy, how to moderate growth in demand through increased efficiency, how to integrate environmental goals into planning and operation, how to ensure sufficient supply when and where it is needed, and how to handle institutional and governance challenges. In this respect, electricity sector reform in other countries offers valuable lessons as to how China might proceed. As it describes perspectives and challenges for the Chinese power sector, China's Power Sector Reforms: Where to next? is a useful tool for policy makers and business leaders

Book Synopsis China's Power Sector Reforms by : International Energy Agency

Download or read book China's Power Sector Reforms written by International Energy Agency and published by OECD/IEA. This book was released on 2006 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the fastest growing energy demand in the world, China is now the largest electricity consumer after the United States. Assessing the current state of electricity regulation in China, this report draws on experience elsewhere to explore how better to develop and communicate strategy, how to moderate growth in demand through increased efficiency, how to integrate environmental goals into planning and operation, how to ensure sufficient supply when and where it is needed, and how to handle institutional and governance challenges. In this respect, electricity sector reform in other countries offers valuable lessons as to how China might proceed. As it describes perspectives and challenges for the Chinese power sector, China's Power Sector Reforms: Where to next? is a useful tool for policy makers and business leaders

China’s Electricity Sector

Author: Leo Lester

Publisher: Springer

Published: 2018-03-19

Total Pages: 166

ISBN-13: 9811081921

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This book provides a concise introduction to China’s electricity sector, suitable for university students and business analysts. It is business focused, combining an introduction from an established regional electricity consultancy with five academic chapters covering governance, market stakeholders and reform, wind and solar power, environmental regulation, and developments in financing. It is written in an accessible but rigorous style for people with limited knowledge of the topic, with minimal jargon but full referencing throughout the academic chapters. Each academic chapter starts with a summary and three key points to guide the reader’s understanding.

Book Synopsis China’s Electricity Sector by : Leo Lester

Download or read book China’s Electricity Sector written by Leo Lester and published by Springer. This book was released on 2018-03-19 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a concise introduction to China’s electricity sector, suitable for university students and business analysts. It is business focused, combining an introduction from an established regional electricity consultancy with five academic chapters covering governance, market stakeholders and reform, wind and solar power, environmental regulation, and developments in financing. It is written in an accessible but rigorous style for people with limited knowledge of the topic, with minimal jargon but full referencing throughout the academic chapters. Each academic chapter starts with a summary and three key points to guide the reader’s understanding.

Electricity Reform in China, India and Russia

Author: Yi-Chong Xu

Publisher: Edward Elgar Publishing

Published: 2004

Total Pages: 392

ISBN-13:

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Examining the electricity industry in China, India, and Russia, Xu (political science, St. Francis Xavier University, Canada) explores the way that local conditions and institutions shape the commitment, direction, and speed of public utility reform in the three countries. He analyzes the World Bank's involvement in economic reforms in developing a

Book Synopsis Electricity Reform in China, India and Russia by : Yi-Chong Xu

Download or read book Electricity Reform in China, India and Russia written by Yi-Chong Xu and published by Edward Elgar Publishing. This book was released on 2004 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining the electricity industry in China, India, and Russia, Xu (political science, St. Francis Xavier University, Canada) explores the way that local conditions and institutions shape the commitment, direction, and speed of public utility reform in the three countries. He analyzes the World Bank's involvement in economic reforms in developing a

The Political Economy of Power Sector Reform

Author: David G. Victor

Publisher: Cambridge University Press

Published: 2007-02-08

Total Pages: 15

ISBN-13: 113946079X

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Over the last fifteen years the world's largest developing countries have initiated market reform in their electric power sectors from generation to distribution. This book evaluates the experiences of five of those countries - Brazil, China, India, Mexico and South Africa - as they have shifted from state-dominated systems to schemes allowing for a larger private sector role. As well as having the largest power systems in their regions and among the most rapidly rising consumption of electricity in the world, these countries are the locus of massive financial investment and the effects of their power systems are increasingly felt in world fuel markets. This accessible volume explains the origins of these reform efforts and offers a theory as to why - despite diverse backgrounds - reform efforts in all five countries have stalled in similar ways. The authors also offer practical advice to improve reform policies.

Book Synopsis The Political Economy of Power Sector Reform by : David G. Victor

Download or read book The Political Economy of Power Sector Reform written by David G. Victor and published by Cambridge University Press. This book was released on 2007-02-08 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last fifteen years the world's largest developing countries have initiated market reform in their electric power sectors from generation to distribution. This book evaluates the experiences of five of those countries - Brazil, China, India, Mexico and South Africa - as they have shifted from state-dominated systems to schemes allowing for a larger private sector role. As well as having the largest power systems in their regions and among the most rapidly rising consumption of electricity in the world, these countries are the locus of massive financial investment and the effects of their power systems are increasingly felt in world fuel markets. This accessible volume explains the origins of these reform efforts and offers a theory as to why - despite diverse backgrounds - reform efforts in all five countries have stalled in similar ways. The authors also offer practical advice to improve reform policies.

Electricity Market Reforms In The Asean, China, India, And Japan

Author: Han Phoumin

Publisher: World Scientific

Published: 2023-04-25

Total Pages: 326

ISBN-13: 9811270597

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The electricity sector's reforms aim to modernise its infrastructure, rules, policies, and procedures to allow for more efficiency and for clean energy to have the same playing field in the power competition/wholesale/retail electricity market. This will enable inefficient power to be phased out gradually. Over the past 2 decades, there has been remarkable progress in the Association of Southeast Asian Nations (ASEAN) electricity markets that has increased the electrification ratio substantially; however, it has not achieved free market competition, universal electrification, and emission reduction plans. ASEAN aims to achieve universal access to electricity by 2030.Electricity Market Reforms in ASEAN, China, India, and Japan provides 10 empirical studies investigating and evaluating the electricity market reforms in Southeast Asia, China, India, and Japan. The book analyses the electricity market policy reform plans, market liberalisation, tariff reform, electricity trade, renewable energy integration, resource allocation, and the sustainability of the electricity market in the region and these countries. It provides policy recommendations to foster the reforms and increase market efficiency.

Book Synopsis Electricity Market Reforms In The Asean, China, India, And Japan by : Han Phoumin

Download or read book Electricity Market Reforms In The Asean, China, India, And Japan written by Han Phoumin and published by World Scientific. This book was released on 2023-04-25 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electricity sector's reforms aim to modernise its infrastructure, rules, policies, and procedures to allow for more efficiency and for clean energy to have the same playing field in the power competition/wholesale/retail electricity market. This will enable inefficient power to be phased out gradually. Over the past 2 decades, there has been remarkable progress in the Association of Southeast Asian Nations (ASEAN) electricity markets that has increased the electrification ratio substantially; however, it has not achieved free market competition, universal electrification, and emission reduction plans. ASEAN aims to achieve universal access to electricity by 2030.Electricity Market Reforms in ASEAN, China, India, and Japan provides 10 empirical studies investigating and evaluating the electricity market reforms in Southeast Asia, China, India, and Japan. The book analyses the electricity market policy reform plans, market liberalisation, tariff reform, electricity trade, renewable energy integration, resource allocation, and the sustainability of the electricity market in the region and these countries. It provides policy recommendations to foster the reforms and increase market efficiency.

Revisiting Electricity Market Reforms

Author: Han Phoumin

Publisher: Springer Nature

Published: 2022-09-19

Total Pages: 304

ISBN-13: 9811942668

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This book combines the fundamentals of industrial organization theories based on microeconomic foundations, applied econometrics and environmental and natural resource economics in undertaking a comprehensive review of reforms of the power sector and its impact on industrial and socio-economic performance. The book provides the reader with the intellectual groundwork necessary for understanding the workings and interactions of today’s reforming power markets such as in the ASEAN and East Asia that are striving to achieve the energy policy trilemma of affordability, energy sustainability and energy security. The topics addressed in this book include application of welfare theorems such as competition in and for the market in the electricity sector, market failures such as lack of electricity access, analysis of forecasting models under volatility, energy resource allocation such as renewable energy and competitive market designs of energy markets. Country-specific and region-specific case studies are used to analyze the progress and outcomes of market-driven electricity reforms across the reforming and advanced electricity markets. Therefore, the book derives policy lessons and provides policy recommendations in reforming power markets for the ASEAN and East Asia taking stock of more than three decades of global experience with power sector reforms. The electricity markets case studies are carefully chosen and supported by extensive data analyses as appropriate. This book on energy economics and policy is highly recommended to readers who seek an in-depth and up-to-date integrated overview about the evolving literature and status on electricity market reforms with a particular reference to Asia.

Book Synopsis Revisiting Electricity Market Reforms by : Han Phoumin

Download or read book Revisiting Electricity Market Reforms written by Han Phoumin and published by Springer Nature. This book was released on 2022-09-19 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book combines the fundamentals of industrial organization theories based on microeconomic foundations, applied econometrics and environmental and natural resource economics in undertaking a comprehensive review of reforms of the power sector and its impact on industrial and socio-economic performance. The book provides the reader with the intellectual groundwork necessary for understanding the workings and interactions of today’s reforming power markets such as in the ASEAN and East Asia that are striving to achieve the energy policy trilemma of affordability, energy sustainability and energy security. The topics addressed in this book include application of welfare theorems such as competition in and for the market in the electricity sector, market failures such as lack of electricity access, analysis of forecasting models under volatility, energy resource allocation such as renewable energy and competitive market designs of energy markets. Country-specific and region-specific case studies are used to analyze the progress and outcomes of market-driven electricity reforms across the reforming and advanced electricity markets. Therefore, the book derives policy lessons and provides policy recommendations in reforming power markets for the ASEAN and East Asia taking stock of more than three decades of global experience with power sector reforms. The electricity markets case studies are carefully chosen and supported by extensive data analyses as appropriate. This book on energy economics and policy is highly recommended to readers who seek an in-depth and up-to-date integrated overview about the evolving literature and status on electricity market reforms with a particular reference to Asia.

China Power Sector

Author: China Knowledge Press

Publisher: China Knowledge Press

Published: 2004

Total Pages: 7

ISBN-13: 9814163074

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China's power sector experienced accelerated growth after the mid - 1980s, with surging demand for electricity boosted by increased investment and residential consumption, both associated with market reforms. In the late 1990s, however, a temporary power oversupply was witnessed. It was mainly caused by the government's efforts to restructure its numerous State Owned Enterprises (SOEs), in which many big enterprises were closed. The 1997/1998 Asian financial crisis also worsened the situation. The growth pace of the power sector was therefore impeded. Foreign funded power plants faced increasing pressure to reduce prices and were asked to renegotiate their Power Purchasing Agreements (PPAs). As a result, many foreign investors either substantially scaled back operations or avoided new exposure. invest in China's power sector while others failed before? The answer is very simple: things have changed and one cannot afford to ignore this huge market. After entry to WTO in late 2001, China has increasingly become a workshop for the entire world. Foreign direct investment (FDI) surged to USD52.7 billion in 2002, and China is expected to replace the US as the world's No.1 FDI recipient. At the same time, the expansion of the power sector has lagged. Thus the sustainability of the state economy is under threat. In order to overcome the energy constraint, hefty investment will be needed. According to a two year research made by the International Energy Agency (IEA), nearly USD2000 billion investment will be required in the period 2001-2030. This provides new opportunities to foreign investors.

Book Synopsis China Power Sector by : China Knowledge Press

Download or read book China Power Sector written by China Knowledge Press and published by China Knowledge Press. This book was released on 2004 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's power sector experienced accelerated growth after the mid - 1980s, with surging demand for electricity boosted by increased investment and residential consumption, both associated with market reforms. In the late 1990s, however, a temporary power oversupply was witnessed. It was mainly caused by the government's efforts to restructure its numerous State Owned Enterprises (SOEs), in which many big enterprises were closed. The 1997/1998 Asian financial crisis also worsened the situation. The growth pace of the power sector was therefore impeded. Foreign funded power plants faced increasing pressure to reduce prices and were asked to renegotiate their Power Purchasing Agreements (PPAs). As a result, many foreign investors either substantially scaled back operations or avoided new exposure. invest in China's power sector while others failed before? The answer is very simple: things have changed and one cannot afford to ignore this huge market. After entry to WTO in late 2001, China has increasingly become a workshop for the entire world. Foreign direct investment (FDI) surged to USD52.7 billion in 2002, and China is expected to replace the US as the world's No.1 FDI recipient. At the same time, the expansion of the power sector has lagged. Thus the sustainability of the state economy is under threat. In order to overcome the energy constraint, hefty investment will be needed. According to a two year research made by the International Energy Agency (IEA), nearly USD2000 billion investment will be required in the period 2001-2030. This provides new opportunities to foreign investors.

China’s Electricity Industry

Author: Ma Xiaoying

Publisher: Springer Nature

Published: 2020-08-01

Total Pages: 93

ISBN-13: 3030539598

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This book provides a comprehensive account of the electricity industry in China, the world's largest power producer and carbon emitter. The authors describe the historical development of China’s energy sector and study the structure and economics of the industry. Furthermore, the book studies the impact of China’s substantial demand for coal, oil and natural gas on world energy markets and discusses future trends and reforms, such as the introduction of renewable energy sources. This book will appeal to anyone interested to broaden their knowledge on the past, present and future of Chinese electricity industry.

Book Synopsis China’s Electricity Industry by : Ma Xiaoying

Download or read book China’s Electricity Industry written by Ma Xiaoying and published by Springer Nature. This book was released on 2020-08-01 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive account of the electricity industry in China, the world's largest power producer and carbon emitter. The authors describe the historical development of China’s energy sector and study the structure and economics of the industry. Furthermore, the book studies the impact of China’s substantial demand for coal, oil and natural gas on world energy markets and discusses future trends and reforms, such as the introduction of renewable energy sources. This book will appeal to anyone interested to broaden their knowledge on the past, present and future of Chinese electricity industry.