Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/23666
Title: Pricing of electricity in China
Authors: Lam, PL
Issue Date: 2004
Publisher: Pergamon Press
Source: Energy, 2004, v. 29, no. 2, p. 291-304 How to cite?
Journal: Energy 
Abstract: In China, the State Power Corporation (SPC) was the dominant producer and supplier of electric power. Our price estimation results based on published data of the SPC indicate that short run cost factors, like fuel costs and investment expenditure, were more important in the price determination process. Although the power purchase prices paid by the SPC to independent power producers (IPPs) have already covered capital costs, capital costs of generation and transmission assets owned by the SPC were ignored in the process. Our studies indicate that electricity prices in China were highly subsidized and below the average total costs of generation and transmission.
URI: http://hdl.handle.net/10397/23666
ISSN: 0360-5442
EISSN: 1873-6785
DOI: 10.1016/j.energy.2003.08.010
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