Reforming the Chinese Electricity Supply Sector: Lessons from Global Experience
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cham
Springer International Publishing AG
2020
|
| Subjects: | |
| Online Access: | HWR01 |
| Item Description: | Description based on publisher supplied metadata and other sources |
| Physical Description: | 1 Online-Ressource (279 pages) |
| ISBN: | 9783030394622 |
Staff View
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| 505 | 8 | |a Intro -- Preface -- Acknowledgements -- Contents -- About the Authors -- List of Figures -- List of Tables -- 1: An Introduction to the Chinese Power System and Its Reform -- 1.1 Background to Our Study -- 1.2 The Structure of the Book -- 1.3 The Scale and Scope of the Chinese Electricity Supply Industry in 2015 -- 1.4 The Structure and Organisation of the Chinese Power Sector -- 1.5 The History of Power Sector Reform in China -- 1.6 What Motivated the 2015 Power Sector Reform? -- References -- English -- Chinese -- 2: Lessons for China from International Experience of Power Sector Reform -- 2.1 Introduction -- 2.2 Market Restructuring and Ownership Changes -- 2.2.1 Vertical Separation (1) and Horizontal Restructuring (2) -- 2.2.1.1 Theoretical Significance -- 2.2.1.2 General Reform Experience -- 2.2.1.3 Chinese Context -- 2.2.2 The Creation of Wide Area Independent System Operators (3) -- 2.2.2.1 Theoretical Significance -- 2.2.2.2 General Reform Experience -- 2.2.2.3 Chinese Context -- 2.2.3 Privatisation and Monopolies (4) -- 2.2.3.1 Theoretical Significance -- 2.2.3.2 General Reform Experience -- 2.2.3.3 Chinese Context -- 2.3 Supportive Secondary Market Arrangements -- 2.3.1 Creation of Spot and Ancillary Services Markets to Support Real-Time Balancing of the System (5) -- 2.3.1.1 Theoretical Significance -- 2.3.1.2 General Reform Experience -- 2.3.1.3 Chinese Context -- 2.3.2 Participation of Demand Side in Wholesale Electricity Markets (6) -- 2.3.2.1 Theoretical Significance -- 2.3.2.2 General Reform Experience -- 2.3.2.3 Chinese Context -- 2.3.3 Regulated Third-Party Access to, and Efficient Allocation of, Scarce Transmission Capacity (7) -- 2.3.3.1 Theoretical Significance -- 2.3.3.2 General Reform Experience -- 2.3.3.3 Chinese Context -- 2.4 Appropriate Economic Regulation | |
| 505 | 8 | |a 2.4.1 Unbundling of Regulated Network Charges and Competitive Segment Charges (8) -- 2.4.1.1 Theoretical Significance -- 2.4.1.2 General Reform Experience -- 2.4.1.3 Chinese Context -- 2.4.2 Mechanisms to Ensure Competitive Procurement of Wholesale Power for Regulated Final Customer Groups (9) -- 2.4.2.1 Theoretical Significance -- 2.4.2.2 General Reform Experience -- 2.4.2.3 Chinese Context -- 2.4.3 The Creation of Independent Regulatory Agencies to Regulate Monopoly Network Charges and Monitor Competitive Segments (10) -- 2.4.3.1 Theoretical Significance -- 2.4.3.2 General Reform Experience -- 2.4.3.3 Chinese Context -- 2.5 Efficient Promotion of Low Emission Technologies -- 2.5.1 Competitive Procurement Processes for Low Carbon Generation, with Some Exposure to Wholesale Price Variability (11) -- 2.5.1.1 Theoretical Significance -- 2.5.1.2 General Reform Experience -- 2.5.1.3 Chinese Experience -- 2.5.2 Cost Reflective Access Terms for Renewables (12) -- 2.5.2.1 Theoretical Significance -- 2.5.2.2 General Reform Experience -- 2.5.2.3 Chinese Experience -- 2.5.3 Appropriate Pricing of Environmental Externalities (Both Carbon Dioxide and Other Atmospheric Pollutants, such as Sulphur Dioxide) (13) -- 2.5.3.1 Theoretical Significance -- 2.5.3.2 General Reform Experience -- 2.5.3.3 Chinese Experience -- 2.6 All Good Power Market Reforms (and Indeed, Significant Economic Reforms More Generally) Involve Appropriate Transition Mechanisms (14) -- 2.6.1 Theoretical Significance -- 2.6.2 General Reform Experience -- 2.6.3 Chinese Context -- 2.7 Conclusions -- 2.7.1 International Lessons and Policy Priorities for China -- 2.7.2 Suggestions for Future Research -- Appendices -- Appendix I: Calculation Process of the Switching Carbon Prices from Coal- to Gas-Fired Power Plant Investment in 2015 (LCOE=levelised cost of electricity) | |
| 505 | 8 | |a Appendix II: Calculation Process of the Switching Carbon Prices from Coal- to Gas-Fired Power Generation in 2015 -- References -- English -- Chinese -- 3: Power Market Reform in China: Lessons from Guangdong -- 3.1 Introduction -- 3.2 Background -- 3.2.1 Guangdong Within China -- 3.2.2 The Size of the Electricity Sector in Guangdong -- 3.3 How the Power Market Works -- 3.3.1 International Context -- 3.3.2 The Power Market in Guangdong -- 3.4 New Players -- 3.4.1 International Context -- 3.4.2 New Energy Market Players in Guangdong -- 3.5 Effects on Operations and Dispatch -- 3.5.1 International Experience -- 3.5.2 Effects on Dispatch in Guangdong -- 3.6 Key Points for Improvement -- 3.6.1 Discussion of Overall Impressions of Reform -- 3.6.2 Recommendations for Furthering Reform -- Appendix: How Changing Infra-Marginal Bids Changes the Auction Results in the 2016 Power Market Auction Design -- References -- English -- Chinese -- 4: How Industrial Electricity Prices Are Determined in a Reformed Power Market: Lessons from Great Britain for China -- 4.1 Introduction -- 4.2 How Is the Industrial Electricity Price Set in Great Britain -- 4.3 The Key Actors in the Electricity System in Great Britain -- 4.4 Wholesale Prices -- 4.5 Retail Margins -- 4.6 Regulated Network Charges Determination -- 4.7 Transmission Charges -- 4.8 System Balancing Charges -- 4.9 Distribution Charges -- 4.10 Environmental Levies and Taxes -- 4.11 Overall Lessons on Price Determination for China from Great Britain -- References -- Additional Useful Resources on UK Electricity Reform -- 5: Prospects for Reform of China's Electric Power Sector -- 5.1 High-Level Messages from Previous Chapters -- 5.2 Recent Developments on Power Sector Reform in China -- 5.3 Suggestions for Next Steps -- 5.3.1 Improving Regulatory Capacity | |
| 505 | 8 | |a 5.3.2 Improving Regulatory Reporting -- 5.3.3 Promoting Learning from the Pilot Markets -- 5.3.4 Putting All Generation and Demand in the Wholesale Market -- 5.3.5 Consider Whole or Part Privatisation of One Large Generator -- 5.3.6 The Creation of Genuine Interprovincial Market Should Be Done in Stages -- 5.3.7 Pay Attention to Mitigation of the Social Effects of Power Sector Reform -- 5.4 Fundamental Questions Raised by China's Power Market Reform -- 5.4.1 Is China Ready for the Full Implications of Electricity Markets? -- 5.4.2 Is There an Easier Way to Deliver the Benefits of Power Market Reform Than the Route Currently Being Pursued? -- 5.4.3 Can Reform Be Sustained and Completed in China Given Its Institutional Set-Up? -- 5.4.4 Can China Have a Successful Power Market Reform Without Widespread Private Ownership of the Sector? -- 5.4.5 Is China Willing to Break Up SGCC and CSG in Ways That Will Promote Power Market Development? -- 5.4.6 How Will China Combine Power Sector Reform with Decarbonisation? -- 5.4.7 What Will Reform Reveal About Chinese Electricity Consumers? -- 5.5 Key Closing on Messages for Chinese Electricity Stakeholders on How to Approach Power Sector Reform -- 5.5.1 Policy-makers -- 5.5.2 Regulators -- 5.5.3 Generators -- 5.5.4 Retailers -- 5.5.5 Grid Companies -- References -- Index | |
| 650 | 4 | |a Electric utilities-China | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Pollitt, Michael G. |t Reforming the Chinese Electricity Supply Sector |d Cham : Springer International Publishing AG,c2020 |z 9783030394615 |
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Record in the Search Index
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| contents | Intro -- Preface -- Acknowledgements -- Contents -- About the Authors -- List of Figures -- List of Tables -- 1: An Introduction to the Chinese Power System and Its Reform -- 1.1 Background to Our Study -- 1.2 The Structure of the Book -- 1.3 The Scale and Scope of the Chinese Electricity Supply Industry in 2015 -- 1.4 The Structure and Organisation of the Chinese Power Sector -- 1.5 The History of Power Sector Reform in China -- 1.6 What Motivated the 2015 Power Sector Reform? -- References -- English -- Chinese -- 2: Lessons for China from International Experience of Power Sector Reform -- 2.1 Introduction -- 2.2 Market Restructuring and Ownership Changes -- 2.2.1 Vertical Separation (1) and Horizontal Restructuring (2) -- 2.2.1.1 Theoretical Significance -- 2.2.1.2 General Reform Experience -- 2.2.1.3 Chinese Context -- 2.2.2 The Creation of Wide Area Independent System Operators (3) -- 2.2.2.1 Theoretical Significance -- 2.2.2.2 General Reform Experience -- 2.2.2.3 Chinese Context -- 2.2.3 Privatisation and Monopolies (4) -- 2.2.3.1 Theoretical Significance -- 2.2.3.2 General Reform Experience -- 2.2.3.3 Chinese Context -- 2.3 Supportive Secondary Market Arrangements -- 2.3.1 Creation of Spot and Ancillary Services Markets to Support Real-Time Balancing of the System (5) -- 2.3.1.1 Theoretical Significance -- 2.3.1.2 General Reform Experience -- 2.3.1.3 Chinese Context -- 2.3.2 Participation of Demand Side in Wholesale Electricity Markets (6) -- 2.3.2.1 Theoretical Significance -- 2.3.2.2 General Reform Experience -- 2.3.2.3 Chinese Context -- 2.3.3 Regulated Third-Party Access to, and Efficient Allocation of, Scarce Transmission Capacity (7) -- 2.3.3.1 Theoretical Significance -- 2.3.3.2 General Reform Experience -- 2.3.3.3 Chinese Context -- 2.4 Appropriate Economic Regulation 2.4.1 Unbundling of Regulated Network Charges and Competitive Segment Charges (8) -- 2.4.1.1 Theoretical Significance -- 2.4.1.2 General Reform Experience -- 2.4.1.3 Chinese Context -- 2.4.2 Mechanisms to Ensure Competitive Procurement of Wholesale Power for Regulated Final Customer Groups (9) -- 2.4.2.1 Theoretical Significance -- 2.4.2.2 General Reform Experience -- 2.4.2.3 Chinese Context -- 2.4.3 The Creation of Independent Regulatory Agencies to Regulate Monopoly Network Charges and Monitor Competitive Segments (10) -- 2.4.3.1 Theoretical Significance -- 2.4.3.2 General Reform Experience -- 2.4.3.3 Chinese Context -- 2.5 Efficient Promotion of Low Emission Technologies -- 2.5.1 Competitive Procurement Processes for Low Carbon Generation, with Some Exposure to Wholesale Price Variability (11) -- 2.5.1.1 Theoretical Significance -- 2.5.1.2 General Reform Experience -- 2.5.1.3 Chinese Experience -- 2.5.2 Cost Reflective Access Terms for Renewables (12) -- 2.5.2.1 Theoretical Significance -- 2.5.2.2 General Reform Experience -- 2.5.2.3 Chinese Experience -- 2.5.3 Appropriate Pricing of Environmental Externalities (Both Carbon Dioxide and Other Atmospheric Pollutants, such as Sulphur Dioxide) (13) -- 2.5.3.1 Theoretical Significance -- 2.5.3.2 General Reform Experience -- 2.5.3.3 Chinese Experience -- 2.6 All Good Power Market Reforms (and Indeed, Significant Economic Reforms More Generally) Involve Appropriate Transition Mechanisms (14) -- 2.6.1 Theoretical Significance -- 2.6.2 General Reform Experience -- 2.6.3 Chinese Context -- 2.7 Conclusions -- 2.7.1 International Lessons and Policy Priorities for China -- 2.7.2 Suggestions for Future Research -- Appendices -- Appendix I: Calculation Process of the Switching Carbon Prices from Coal- to Gas-Fired Power Plant Investment in 2015 (LCOE=levelised cost of electricity) Appendix II: Calculation Process of the Switching Carbon Prices from Coal- to Gas-Fired Power Generation in 2015 -- References -- English -- Chinese -- 3: Power Market Reform in China: Lessons from Guangdong -- 3.1 Introduction -- 3.2 Background -- 3.2.1 Guangdong Within China -- 3.2.2 The Size of the Electricity Sector in Guangdong -- 3.3 How the Power Market Works -- 3.3.1 International Context -- 3.3.2 The Power Market in Guangdong -- 3.4 New Players -- 3.4.1 International Context -- 3.4.2 New Energy Market Players in Guangdong -- 3.5 Effects on Operations and Dispatch -- 3.5.1 International Experience -- 3.5.2 Effects on Dispatch in Guangdong -- 3.6 Key Points for Improvement -- 3.6.1 Discussion of Overall Impressions of Reform -- 3.6.2 Recommendations for Furthering Reform -- Appendix: How Changing Infra-Marginal Bids Changes the Auction Results in the 2016 Power Market Auction Design -- References -- English -- Chinese -- 4: How Industrial Electricity Prices Are Determined in a Reformed Power Market: Lessons from Great Britain for China -- 4.1 Introduction -- 4.2 How Is the Industrial Electricity Price Set in Great Britain -- 4.3 The Key Actors in the Electricity System in Great Britain -- 4.4 Wholesale Prices -- 4.5 Retail Margins -- 4.6 Regulated Network Charges Determination -- 4.7 Transmission Charges -- 4.8 System Balancing Charges -- 4.9 Distribution Charges -- 4.10 Environmental Levies and Taxes -- 4.11 Overall Lessons on Price Determination for China from Great Britain -- References -- Additional Useful Resources on UK Electricity Reform -- 5: Prospects for Reform of China's Electric Power Sector -- 5.1 High-Level Messages from Previous Chapters -- 5.2 Recent Developments on Power Sector Reform in China -- 5.3 Suggestions for Next Steps -- 5.3.1 Improving Regulatory Capacity 5.3.2 Improving Regulatory Reporting -- 5.3.3 Promoting Learning from the Pilot Markets -- 5.3.4 Putting All Generation and Demand in the Wholesale Market -- 5.3.5 Consider Whole or Part Privatisation of One Large Generator -- 5.3.6 The Creation of Genuine Interprovincial Market Should Be Done in Stages -- 5.3.7 Pay Attention to Mitigation of the Social Effects of Power Sector Reform -- 5.4 Fundamental Questions Raised by China's Power Market Reform -- 5.4.1 Is China Ready for the Full Implications of Electricity Markets? -- 5.4.2 Is There an Easier Way to Deliver the Benefits of Power Market Reform Than the Route Currently Being Pursued? -- 5.4.3 Can Reform Be Sustained and Completed in China Given Its Institutional Set-Up? -- 5.4.4 Can China Have a Successful Power Market Reform Without Widespread Private Ownership of the Sector? -- 5.4.5 Is China Willing to Break Up SGCC and CSG in Ways That Will Promote Power Market Development? -- 5.4.6 How Will China Combine Power Sector Reform with Decarbonisation? -- 5.4.7 What Will Reform Reveal About Chinese Electricity Consumers? -- 5.5 Key Closing on Messages for Chinese Electricity Stakeholders on How to Approach Power Sector Reform -- 5.5.1 Policy-makers -- 5.5.2 Regulators -- 5.5.3 Generators -- 5.5.4 Retailers -- 5.5.5 Grid Companies -- References -- Index |
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| dewey-full | 333.79320951 |
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| dewey-raw | 333.79320951 |
| dewey-search | 333.79320951 |
| dewey-sort | 3333.79320951 |
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| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| id | DE-604.BV048222919 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:50:37Z |
| indexdate | 2024-07-10T09:32:27Z |
| institution | BVB |
| isbn | 9783030394622 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033603652 |
| oclc_num | 1163502388 |
| open_access_boolean | |
| owner | DE-2070s |
| owner_facet | DE-2070s |
| physical | 1 Online-Ressource (279 pages) |
| psigel | ZDB-30-PQE ZDB-30-PQE HWR_PDA_PQE |
| publishDate | 2020 |
| publishDateSearch | 2020 |
| publishDateSort | 2020 |
| publisher | Springer International Publishing AG |
| record_format | marc |
| spelling | Pollitt, Michael G. Verfasser aut Reforming the Chinese Electricity Supply Sector Lessons from Global Experience Cham Springer International Publishing AG 2020 ©2020 1 Online-Ressource (279 pages) txt rdacontent c rdamedia cr rdacarrier Description based on publisher supplied metadata and other sources Intro -- Preface -- Acknowledgements -- Contents -- About the Authors -- List of Figures -- List of Tables -- 1: An Introduction to the Chinese Power System and Its Reform -- 1.1 Background to Our Study -- 1.2 The Structure of the Book -- 1.3 The Scale and Scope of the Chinese Electricity Supply Industry in 2015 -- 1.4 The Structure and Organisation of the Chinese Power Sector -- 1.5 The History of Power Sector Reform in China -- 1.6 What Motivated the 2015 Power Sector Reform? -- References -- English -- Chinese -- 2: Lessons for China from International Experience of Power Sector Reform -- 2.1 Introduction -- 2.2 Market Restructuring and Ownership Changes -- 2.2.1 Vertical Separation (1) and Horizontal Restructuring (2) -- 2.2.1.1 Theoretical Significance -- 2.2.1.2 General Reform Experience -- 2.2.1.3 Chinese Context -- 2.2.2 The Creation of Wide Area Independent System Operators (3) -- 2.2.2.1 Theoretical Significance -- 2.2.2.2 General Reform Experience -- 2.2.2.3 Chinese Context -- 2.2.3 Privatisation and Monopolies (4) -- 2.2.3.1 Theoretical Significance -- 2.2.3.2 General Reform Experience -- 2.2.3.3 Chinese Context -- 2.3 Supportive Secondary Market Arrangements -- 2.3.1 Creation of Spot and Ancillary Services Markets to Support Real-Time Balancing of the System (5) -- 2.3.1.1 Theoretical Significance -- 2.3.1.2 General Reform Experience -- 2.3.1.3 Chinese Context -- 2.3.2 Participation of Demand Side in Wholesale Electricity Markets (6) -- 2.3.2.1 Theoretical Significance -- 2.3.2.2 General Reform Experience -- 2.3.2.3 Chinese Context -- 2.3.3 Regulated Third-Party Access to, and Efficient Allocation of, Scarce Transmission Capacity (7) -- 2.3.3.1 Theoretical Significance -- 2.3.3.2 General Reform Experience -- 2.3.3.3 Chinese Context -- 2.4 Appropriate Economic Regulation 2.4.1 Unbundling of Regulated Network Charges and Competitive Segment Charges (8) -- 2.4.1.1 Theoretical Significance -- 2.4.1.2 General Reform Experience -- 2.4.1.3 Chinese Context -- 2.4.2 Mechanisms to Ensure Competitive Procurement of Wholesale Power for Regulated Final Customer Groups (9) -- 2.4.2.1 Theoretical Significance -- 2.4.2.2 General Reform Experience -- 2.4.2.3 Chinese Context -- 2.4.3 The Creation of Independent Regulatory Agencies to Regulate Monopoly Network Charges and Monitor Competitive Segments (10) -- 2.4.3.1 Theoretical Significance -- 2.4.3.2 General Reform Experience -- 2.4.3.3 Chinese Context -- 2.5 Efficient Promotion of Low Emission Technologies -- 2.5.1 Competitive Procurement Processes for Low Carbon Generation, with Some Exposure to Wholesale Price Variability (11) -- 2.5.1.1 Theoretical Significance -- 2.5.1.2 General Reform Experience -- 2.5.1.3 Chinese Experience -- 2.5.2 Cost Reflective Access Terms for Renewables (12) -- 2.5.2.1 Theoretical Significance -- 2.5.2.2 General Reform Experience -- 2.5.2.3 Chinese Experience -- 2.5.3 Appropriate Pricing of Environmental Externalities (Both Carbon Dioxide and Other Atmospheric Pollutants, such as Sulphur Dioxide) (13) -- 2.5.3.1 Theoretical Significance -- 2.5.3.2 General Reform Experience -- 2.5.3.3 Chinese Experience -- 2.6 All Good Power Market Reforms (and Indeed, Significant Economic Reforms More Generally) Involve Appropriate Transition Mechanisms (14) -- 2.6.1 Theoretical Significance -- 2.6.2 General Reform Experience -- 2.6.3 Chinese Context -- 2.7 Conclusions -- 2.7.1 International Lessons and Policy Priorities for China -- 2.7.2 Suggestions for Future Research -- Appendices -- Appendix I: Calculation Process of the Switching Carbon Prices from Coal- to Gas-Fired Power Plant Investment in 2015 (LCOE=levelised cost of electricity) Appendix II: Calculation Process of the Switching Carbon Prices from Coal- to Gas-Fired Power Generation in 2015 -- References -- English -- Chinese -- 3: Power Market Reform in China: Lessons from Guangdong -- 3.1 Introduction -- 3.2 Background -- 3.2.1 Guangdong Within China -- 3.2.2 The Size of the Electricity Sector in Guangdong -- 3.3 How the Power Market Works -- 3.3.1 International Context -- 3.3.2 The Power Market in Guangdong -- 3.4 New Players -- 3.4.1 International Context -- 3.4.2 New Energy Market Players in Guangdong -- 3.5 Effects on Operations and Dispatch -- 3.5.1 International Experience -- 3.5.2 Effects on Dispatch in Guangdong -- 3.6 Key Points for Improvement -- 3.6.1 Discussion of Overall Impressions of Reform -- 3.6.2 Recommendations for Furthering Reform -- Appendix: How Changing Infra-Marginal Bids Changes the Auction Results in the 2016 Power Market Auction Design -- References -- English -- Chinese -- 4: How Industrial Electricity Prices Are Determined in a Reformed Power Market: Lessons from Great Britain for China -- 4.1 Introduction -- 4.2 How Is the Industrial Electricity Price Set in Great Britain -- 4.3 The Key Actors in the Electricity System in Great Britain -- 4.4 Wholesale Prices -- 4.5 Retail Margins -- 4.6 Regulated Network Charges Determination -- 4.7 Transmission Charges -- 4.8 System Balancing Charges -- 4.9 Distribution Charges -- 4.10 Environmental Levies and Taxes -- 4.11 Overall Lessons on Price Determination for China from Great Britain -- References -- Additional Useful Resources on UK Electricity Reform -- 5: Prospects for Reform of China's Electric Power Sector -- 5.1 High-Level Messages from Previous Chapters -- 5.2 Recent Developments on Power Sector Reform in China -- 5.3 Suggestions for Next Steps -- 5.3.1 Improving Regulatory Capacity 5.3.2 Improving Regulatory Reporting -- 5.3.3 Promoting Learning from the Pilot Markets -- 5.3.4 Putting All Generation and Demand in the Wholesale Market -- 5.3.5 Consider Whole or Part Privatisation of One Large Generator -- 5.3.6 The Creation of Genuine Interprovincial Market Should Be Done in Stages -- 5.3.7 Pay Attention to Mitigation of the Social Effects of Power Sector Reform -- 5.4 Fundamental Questions Raised by China's Power Market Reform -- 5.4.1 Is China Ready for the Full Implications of Electricity Markets? -- 5.4.2 Is There an Easier Way to Deliver the Benefits of Power Market Reform Than the Route Currently Being Pursued? -- 5.4.3 Can Reform Be Sustained and Completed in China Given Its Institutional Set-Up? -- 5.4.4 Can China Have a Successful Power Market Reform Without Widespread Private Ownership of the Sector? -- 5.4.5 Is China Willing to Break Up SGCC and CSG in Ways That Will Promote Power Market Development? -- 5.4.6 How Will China Combine Power Sector Reform with Decarbonisation? -- 5.4.7 What Will Reform Reveal About Chinese Electricity Consumers? -- 5.5 Key Closing on Messages for Chinese Electricity Stakeholders on How to Approach Power Sector Reform -- 5.5.1 Policy-makers -- 5.5.2 Regulators -- 5.5.3 Generators -- 5.5.4 Retailers -- 5.5.5 Grid Companies -- References -- Index Electric utilities-China Erscheint auch als Druck-Ausgabe Pollitt, Michael G. Reforming the Chinese Electricity Supply Sector Cham : Springer International Publishing AG,c2020 9783030394615 |
| spellingShingle | Pollitt, Michael G. Reforming the Chinese Electricity Supply Sector Lessons from Global Experience Intro -- Preface -- Acknowledgements -- Contents -- About the Authors -- List of Figures -- List of Tables -- 1: An Introduction to the Chinese Power System and Its Reform -- 1.1 Background to Our Study -- 1.2 The Structure of the Book -- 1.3 The Scale and Scope of the Chinese Electricity Supply Industry in 2015 -- 1.4 The Structure and Organisation of the Chinese Power Sector -- 1.5 The History of Power Sector Reform in China -- 1.6 What Motivated the 2015 Power Sector Reform? -- References -- English -- Chinese -- 2: Lessons for China from International Experience of Power Sector Reform -- 2.1 Introduction -- 2.2 Market Restructuring and Ownership Changes -- 2.2.1 Vertical Separation (1) and Horizontal Restructuring (2) -- 2.2.1.1 Theoretical Significance -- 2.2.1.2 General Reform Experience -- 2.2.1.3 Chinese Context -- 2.2.2 The Creation of Wide Area Independent System Operators (3) -- 2.2.2.1 Theoretical Significance -- 2.2.2.2 General Reform Experience -- 2.2.2.3 Chinese Context -- 2.2.3 Privatisation and Monopolies (4) -- 2.2.3.1 Theoretical Significance -- 2.2.3.2 General Reform Experience -- 2.2.3.3 Chinese Context -- 2.3 Supportive Secondary Market Arrangements -- 2.3.1 Creation of Spot and Ancillary Services Markets to Support Real-Time Balancing of the System (5) -- 2.3.1.1 Theoretical Significance -- 2.3.1.2 General Reform Experience -- 2.3.1.3 Chinese Context -- 2.3.2 Participation of Demand Side in Wholesale Electricity Markets (6) -- 2.3.2.1 Theoretical Significance -- 2.3.2.2 General Reform Experience -- 2.3.2.3 Chinese Context -- 2.3.3 Regulated Third-Party Access to, and Efficient Allocation of, Scarce Transmission Capacity (7) -- 2.3.3.1 Theoretical Significance -- 2.3.3.2 General Reform Experience -- 2.3.3.3 Chinese Context -- 2.4 Appropriate Economic Regulation 2.4.1 Unbundling of Regulated Network Charges and Competitive Segment Charges (8) -- 2.4.1.1 Theoretical Significance -- 2.4.1.2 General Reform Experience -- 2.4.1.3 Chinese Context -- 2.4.2 Mechanisms to Ensure Competitive Procurement of Wholesale Power for Regulated Final Customer Groups (9) -- 2.4.2.1 Theoretical Significance -- 2.4.2.2 General Reform Experience -- 2.4.2.3 Chinese Context -- 2.4.3 The Creation of Independent Regulatory Agencies to Regulate Monopoly Network Charges and Monitor Competitive Segments (10) -- 2.4.3.1 Theoretical Significance -- 2.4.3.2 General Reform Experience -- 2.4.3.3 Chinese Context -- 2.5 Efficient Promotion of Low Emission Technologies -- 2.5.1 Competitive Procurement Processes for Low Carbon Generation, with Some Exposure to Wholesale Price Variability (11) -- 2.5.1.1 Theoretical Significance -- 2.5.1.2 General Reform Experience -- 2.5.1.3 Chinese Experience -- 2.5.2 Cost Reflective Access Terms for Renewables (12) -- 2.5.2.1 Theoretical Significance -- 2.5.2.2 General Reform Experience -- 2.5.2.3 Chinese Experience -- 2.5.3 Appropriate Pricing of Environmental Externalities (Both Carbon Dioxide and Other Atmospheric Pollutants, such as Sulphur Dioxide) (13) -- 2.5.3.1 Theoretical Significance -- 2.5.3.2 General Reform Experience -- 2.5.3.3 Chinese Experience -- 2.6 All Good Power Market Reforms (and Indeed, Significant Economic Reforms More Generally) Involve Appropriate Transition Mechanisms (14) -- 2.6.1 Theoretical Significance -- 2.6.2 General Reform Experience -- 2.6.3 Chinese Context -- 2.7 Conclusions -- 2.7.1 International Lessons and Policy Priorities for China -- 2.7.2 Suggestions for Future Research -- Appendices -- Appendix I: Calculation Process of the Switching Carbon Prices from Coal- to Gas-Fired Power Plant Investment in 2015 (LCOE=levelised cost of electricity) Appendix II: Calculation Process of the Switching Carbon Prices from Coal- to Gas-Fired Power Generation in 2015 -- References -- English -- Chinese -- 3: Power Market Reform in China: Lessons from Guangdong -- 3.1 Introduction -- 3.2 Background -- 3.2.1 Guangdong Within China -- 3.2.2 The Size of the Electricity Sector in Guangdong -- 3.3 How the Power Market Works -- 3.3.1 International Context -- 3.3.2 The Power Market in Guangdong -- 3.4 New Players -- 3.4.1 International Context -- 3.4.2 New Energy Market Players in Guangdong -- 3.5 Effects on Operations and Dispatch -- 3.5.1 International Experience -- 3.5.2 Effects on Dispatch in Guangdong -- 3.6 Key Points for Improvement -- 3.6.1 Discussion of Overall Impressions of Reform -- 3.6.2 Recommendations for Furthering Reform -- Appendix: How Changing Infra-Marginal Bids Changes the Auction Results in the 2016 Power Market Auction Design -- References -- English -- Chinese -- 4: How Industrial Electricity Prices Are Determined in a Reformed Power Market: Lessons from Great Britain for China -- 4.1 Introduction -- 4.2 How Is the Industrial Electricity Price Set in Great Britain -- 4.3 The Key Actors in the Electricity System in Great Britain -- 4.4 Wholesale Prices -- 4.5 Retail Margins -- 4.6 Regulated Network Charges Determination -- 4.7 Transmission Charges -- 4.8 System Balancing Charges -- 4.9 Distribution Charges -- 4.10 Environmental Levies and Taxes -- 4.11 Overall Lessons on Price Determination for China from Great Britain -- References -- Additional Useful Resources on UK Electricity Reform -- 5: Prospects for Reform of China's Electric Power Sector -- 5.1 High-Level Messages from Previous Chapters -- 5.2 Recent Developments on Power Sector Reform in China -- 5.3 Suggestions for Next Steps -- 5.3.1 Improving Regulatory Capacity 5.3.2 Improving Regulatory Reporting -- 5.3.3 Promoting Learning from the Pilot Markets -- 5.3.4 Putting All Generation and Demand in the Wholesale Market -- 5.3.5 Consider Whole or Part Privatisation of One Large Generator -- 5.3.6 The Creation of Genuine Interprovincial Market Should Be Done in Stages -- 5.3.7 Pay Attention to Mitigation of the Social Effects of Power Sector Reform -- 5.4 Fundamental Questions Raised by China's Power Market Reform -- 5.4.1 Is China Ready for the Full Implications of Electricity Markets? -- 5.4.2 Is There an Easier Way to Deliver the Benefits of Power Market Reform Than the Route Currently Being Pursued? -- 5.4.3 Can Reform Be Sustained and Completed in China Given Its Institutional Set-Up? -- 5.4.4 Can China Have a Successful Power Market Reform Without Widespread Private Ownership of the Sector? -- 5.4.5 Is China Willing to Break Up SGCC and CSG in Ways That Will Promote Power Market Development? -- 5.4.6 How Will China Combine Power Sector Reform with Decarbonisation? -- 5.4.7 What Will Reform Reveal About Chinese Electricity Consumers? -- 5.5 Key Closing on Messages for Chinese Electricity Stakeholders on How to Approach Power Sector Reform -- 5.5.1 Policy-makers -- 5.5.2 Regulators -- 5.5.3 Generators -- 5.5.4 Retailers -- 5.5.5 Grid Companies -- References -- Index Electric utilities-China |
| title | Reforming the Chinese Electricity Supply Sector Lessons from Global Experience |
| title_auth | Reforming the Chinese Electricity Supply Sector Lessons from Global Experience |
| title_exact_search | Reforming the Chinese Electricity Supply Sector Lessons from Global Experience |
| title_exact_search_txtP | Reforming the Chinese Electricity Supply Sector Lessons from Global Experience |
| title_full | Reforming the Chinese Electricity Supply Sector Lessons from Global Experience |
| title_fullStr | Reforming the Chinese Electricity Supply Sector Lessons from Global Experience |
| title_full_unstemmed | Reforming the Chinese Electricity Supply Sector Lessons from Global Experience |
| title_short | Reforming the Chinese Electricity Supply Sector |
| title_sort | reforming the chinese electricity supply sector lessons from global experience |
| title_sub | Lessons from Global Experience |
| topic | Electric utilities-China |
| topic_facet | Electric utilities-China |
| work_keys_str_mv | AT pollittmichaelg reformingthechineseelectricitysupplysectorlessonsfromglobalexperience |