基于电网投资视角的省级电网输配电价定价办法解析及投资优化策略

Provincial Power Grid Enterprise Transmission and Distribution Price Method Analysis&Investment Optimization Policy Based on Perspective of Grid Investment

近日,国家发展改革委最新出台了《省级电网企业输配电价电价办法》,较之2016年试行的定价办法,新修订的定价办法在定价原则、思路及核定规则和标准方面均有较大变化.从框架上对比两版定价办法的异同,分析了新办法的修订内容,归纳了新办法的主要特点.基于电网投资视角,从定价原则、有效资产及权益资本收益率等3个方面解读新办法的相关条款,解析新办法修订思路和意图,提出了考虑输配电价约束和经营目标约束的投资能力测算框架流程,并辅以算例验证.结合省级电网企业投资管理现状,提出了投资优化策略,有效支撑输配电价监管需求,积极促进电网企业高质量发展.

Recently,National Development and Reform Commission issued Provincial Power Grid Enterprise Transmission and Distribution Price Method.Compared with the 2016 trial pricing method,the newly revised pricing method has great changes in pricing principles,ideas,verification rules and standards.The similarities and differences between the two pricing methods are compared,the revised contents of the new method is analyzed,and the main characteristics of the new method is summarized.Based on the perspective of power grid investment,the relevant provisions of the new approach is interpreted from three aspects:pricing principle,effective assets and return on equity capital,and the revised ideas and intentions of the new approach is analyzed.A framework flow of investment capacity calculation is put forward considering the constraints of transmission and distribution price and operation objectives,which is verified by an example.Combined with the current situation of investment management of provincial power grid enterprises,the investment optimization strategy is proposed to effectively support the regulatory demand of transmission and distribution price,and actively promote the high-quality development of power grid enterprises.