National Power Grid in China: the reform of electricity industry
bachelor thesis (DEFENDED)
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Permanent link
http://hdl.handle.net/20.500.11956/84478Identifiers
Study Information System: 178812
Collections
- Kvalifikační práce [18348]
Faculty / Institute
Faculty of Social Sciences
Discipline
Economics and Finance
Department
Institute of Economic Studies
Date of defense
14. 6. 2016
Publisher
Univerzita Karlova, Fakulta sociálních vědLanguage
English
Grade
Good
Keywords (Czech)
Energy economy, economies of scale, natural monopoly, monopolistic pricing, privatizationKeywords (English)
Energy economy, economies of scale, natural monopoly, monopolistic pricing, privatizationSeparation of transmission and distribution is the core for the new reform of electricity industry in China. To solve problem with long distance transmission, the two national power grids started Ultra-High-Voltage (UHV) transmission lines in 2006. After July 8th 2010, UHV lines started to operate. In March 2015, Document No.9 issued, to deepen the reform of electricity sector by separating transmission and distribution, and privatizing retailing. This paper will focus on the change in economic scale after separation by empirical analysis, and which pricing mechanism to choose.