Fostering Competition in China's Power Markets
This report proposes a strategy for developing competitive pool markets in China's power sector and for increasing energy trade between competitive pool markets areas. A three-stage approach is offered for developing the competitive pool marke...
| Main Authors: | , , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2001/03/1121142/fostering-competition-chinas-power-markets http://hdl.handle.net/10986/13909 |
| Summary: | This report proposes a strategy for
developing competitive pool markets in China's power
sector and for increasing energy trade between competitive
pool markets areas. A three-stage approach is offered for
developing the competitive pool markets. During stage 1, a
mandatory competitive pool will be created with a single
buyer. During stage 2, wholesale competition will be
permitted. During stage 3, retail competition will be
allowed, making the market fully competitive. The staged
approach allows competitive market principles to be
introduced immediately within existing institutions. This
will allow needed skills and parallel economic reforms to be
developed gradually and so facilitate increased competition
in the later stages. The report also discusses key elemetns
of competitive market development, including the
organization of transmission services and transition issues
such as dealing with stranded costs and mitigating market
power among generators. |
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