Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/17290
Title: Electricity regulation and electricity market reforms in China
Authors: Ngan, HW
Issue Date: 2010
Source: Energy policy, 2010, v. 38, no. 5, p. 2142-2148
Abstract: The electricity industry of China has been in a process of reforms since the 1980s. This paper gives a review on the three main stages of reforms in China so as to trace out key features of various reform measures including those for power investment financing, the separation between government and power enterprises, and the division between power generation firms and power grids. The findings suggest that further regulatory change in China's electricity market reform is necessary when integration of the electricity markets and increased competition are paving the way ahead for a market-oriented structure. Prospective electricity regulation in the form of a strong legal system and effective institutions that protect market competition and promote appropriate incentives for efficiency are suggested in the paper.
Keywords: Electricity market reforms
Electricity regulation
Regulatory policy
Publisher: Elsevier
Journal: Energy policy 
ISSN: 0301-4215
DOI: 10.1016/j.enpol.2009.06.044
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