电力体制改革的投资机会分析

Investment Opportunity Analysis of Electricity Mechanism Reform

电力体制改革对电力行业上市公司会产生一定的影响,也会使发电领域中的竞争态势发生变化。对于电源类公司而言,应努力降低本身的发电成本,求得更大市场竞争力。水电公司发电成本主要包括机组折旧与人力成本等方面,降低成本的空间比较小;而火电类公司的发电成本中由于原料成本占到了其总成本的70％以上,所以,降低的空间非常大。

The electric system reform will exert certain influence upon electric industry, and it will also transform the competition environment in aspect of power generation. The reduce of power generation' s cost should be paid attention as for those listed companies of the power generation so as to buildup ourselves ability of market competition. Possibility of reducing cost in hydropower company will very small because theirs cost consist of only labor cost and machinery depreciation. Possibility of reducing cost in coal company will very big because cost of raw materials account for more than 70% of theirs total costs.