KETEP 세계에너지시장정보

Table of contents
Executive summary................................................................................................................. 7
Background and motivation .................................................................................................. 12
Power markets in China’s power sector transformation ...................................................... 15
The push for power markets in China ...................................................................................... 16
Spot power markets at the provincial and cross-provincial level ............................................. 22
Designing a national spot power market supporting China’s policy objectives ................... 36
Models for market integration................................................................................................... 36
Assessing and selecting a model for China’s national spot market......................................... 47
Transitioning towards a national spot market in China......................................................... 56
Implementing a secondary market model ................................................................................ 56
Reinforcing national institutions for a national market ............................................................. 62
Recommendations ................................................................................................................ 65
National co-ordination of the power sector .............................................................................. 65
Advancing regional and provincial markets ............................................................................. 66
Annex .................................................................................................................................... 69
Modelling methodology ............................................................................................................ 69
Abbreviations and acronyms.................................................................................................... 75
Units of measurement .............................................................................................................. 75