Power industry restructuring in China

摘要

China power industry is on the way to a deregulated electricity market since the industry restructuring in 2002. The integrated generation and transmission has been regrouped into five independent generation companies and two grid companies. The regional grid companies act as the system operators and exchange centers for the regional electricity markets. The customer side is still regulated by the government. In this paper, we introduce the situation of China power industry restructuring. Some issues are discussed for the current regional electricity markets, such as, electricity price policy, renewable energy policy, investment and planning issues.