Analysis and application of China's electric power market based on impulse response method

摘要

Industrialization in the process of Chinese city urbanization and city development stage have been promoting a rapid growth in electricity demand. Electricity power demand in China in the process of urbanization inevitably shows the characteristics which some developed countries has appeared in the same process. In order to obtain a reliable prediction of electricity demand, by using the important factor: city urbanization, we make the empirical analysis and research on power demand using the structural vector autoregressive model and impulse response function and variance decomposition method.