Regional difference and dynamic evolution of development quality of power industry in China

To achieve the goals of carbon peaking and carbon neutrality and maintain high-quality economic growth,China is currently striving to improve the quality of development of its power sector.In this regard,revealing the regional differences and evolutionary trends in the development quality of China’power sector has a high value to inspire the next improvement direction toward how to integrate regional power recourses to an overall optimization level.Motived by this purpose,this paper uses the entropy method to evaluate the com‐prehensive and subsystem indices of the development quality of the power industry,and reveals their re‐gional differences and evolutionary trends with the help of the Dagum Gini coefficient and Kernel density es‐timation methods.The findings show that:There are obvious regional differences in the development quality of China’s power industry,and the differences are steadily declining in all regions except the West.Regional differences are mainly derived from inter-regional differences,with the largest inter-regional differences in the East-Northeast region.Intra-regional differences show a distribution pattern of East>West>North‐east>Center.

High-quality development of China’s power industry: Measurement, spatial pattern, and improvement paths

As the largest manufacturing country,China is striving to improve the development quality of its power industry with the goal of Carbon Peaking and Carbon Neutrality,in order to sustain its high-quality economic growth.In this regard,it is of importance to reveal both the regional development level of China’s power sector and its characteristics in terms of inspiring the next improvement direction.Motived by this purpose,this paper constructs an evaluation indicator system from three dimensions at the province level based on the connotation of high-quality development of the power industry(HDPI).Next,it calculates the HDPI indexes of 30 provinces and explore their development trend and spatial pattern.The results indicate that the total comprehensive performance of all regions was improved in general in the recent decade,but the spatial distribution characteristics of clean,low-carbon,safe and efficient are different.In the aspects of improvement space in future,not only do actively ameliorate the related management regimes or technical fields so as to improve the corresponding indicators’value,but also passively rely on the macro-development such as China’s urbanization level improvement,technological level improvement,and industrial structure upgrading as usual.

Technical Efficiency Analysis of Electric Power Industry with Stochastic Frontier Model

A kind of algorithm was provided to resolve the calculating problem of stochastic frontier model and applied to electric power industry.By Matlab,maximum likelihood estimation is adopted to evaluate σ and λ of stochastic frontier model in this paper, then the technical efficiency of electric power companies is calculated. The calculated and analyzed results reflect the situation of the management of electric power industry on the whole,that is ,the electric power companies with high technical efficiency are those which have developed their modern enterprise system successfully.

Macro Impact of the Law on Prevention and Control of Atmospheric Pollution on Power Industry Development

The newly revised and enlarged main contents of the Law of Prevention and Control of Atmospheric Pollution are described, The macro impacts of the law on the power industry development are analyzed mainly in respects to power demand and readjustment of power structure and layout. clean production and pollution control level, scientific management of environmental protection, in accordance with law as well as changes of construction and operation costs. And finally, several questions worthy to be noted in course of implementation of the new law are enumerated.

Technical and Economic Index System for CO_2 Emission Reduction in China's Power Industry

The main technic and economic indices for carbon dioxide emission reduction of Chinese electric power industry are designed systematically in this paper.According to quantitative calculation and influential factor analysis on the carbon dioxide emission reduction of the industry from 1978 to 2009,the author estimates and calculates the relevant indices during the 12 th Five-Year Plan period and in 2020.Finally the author analyzes the relationship and difference between the conventional technical and economic indices for electric power planning and the new index system for the low carbon economy development.

700 GW: A New Start of Electric Power Industry

On December 4, 2007, unit 1of Taizhou Power Plant was put into operation, which became the symbolic unit of the installed capacity reaching 700 GW in China. On July 31, 2008, sponsored by the National Energy Administration and assisted by the China Electricity Council and the China Guodian Corporation, the "Conferring Ceremony for the 700 GW Symbolic Generating Unit of China" was held in the Great Hall of the People, Beijing. Zhang Guobao, vice chairman of the National Development and Reform Commission and Administrator of the newly established National Energy Administration attended the ceremony and delivered an important speech. Here published is an abridgment from the speech.

Discount Rate of China’s New Energy Power Industry

Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a significant input of investment projects,discount rate requires a well-calibrated evaluation because new energy power investment projects are highly capital intensive.The main objective of this paper is to evaluate the discount rate of China’s new energy power industry.First,we use Moving Average to correct the parameters of capital asset pricing model(CAPM)and weighted average cost of capital,which extends the literature on the avoidance of CAPM noise information problem.Second,we study the industry-level annual discount rates of mainly China’s new energy power industries,including hydropower,nuclear power,wind power,and photovoltaic power industries for the period of 2014-2019.The results show that discount rates in China’s new energy power industries evolved differently between the years of 2014-2019 with average annual discount rates being 7.56%,5.83%,5.60%,and 8.64%,for the hydropower,nuclear power,wind power,and photovoltaic power industries,respectively.In 2019,the four annual discount rates were highest for the photovoltaic power industry(8.66%),followed by hydropower(7.17%),wind power(5.72%),and nuclear power industry(5.26%).Forecasting to 2020 from the 2019 evaluation base period,the discount rates are 6.37%,5.00%,6.57%,and 9.05%for the photovoltaic power,hydropower,wind power,and nuclear power industries,respectively.Under the different capital structures,their forecasts for the photovoltaic power,hydropower,wind power,and nuclear power industries in 2020 are,respectively,within[4.35%,9.24%],[3.92%,7.10%],[4.58%,10.40%],[5.46%,14.81%].We also discussed more details on capital structure and forecast period of discount rates for China’s new energy power industries.Our analysis shows that it is necessary to establish a new energy power industry database and steadily promote the implementation of policies.

Risks,Challenges and Countermeasures for China’s Power Industry to Cope with Carbon Peaking

The situation of China’s power industry to achieve carbon peaking and risks and challenges for China’s power industry to cope with carbon peaking were analyzed, and then macro countermeasures for the power industry to cope with carbon peaking were proposed.

On China＇s Sustainable Development of Energy—Opportunity for the China＇s Nuclear Power Industry

According to the policy of reforming the power industry and accelerating the power construction of our country, by 2020, the national power consumption will be up to 3.6-3.7 trillion kilowatt-hours, the installed power-generating capacity is more than 800 million kilowatts. Therefore, the development of the China’s nuclear power industry faces good international and domestic environments and good historical opportunities. From the point of national energy security, economic development, and resource distribution, it is analyzed that China must develop the nuclear power in a more cost-effective style in this paper.

Research on low-carbon development of electric power industry:from the perspectives of public policy

It is a fundamental way to achieve sustainable development and inclusive growth that China takes the low-carbon development path.And low-carbon development is an effective way to respond to many threats,including global climate anomalies,environmental degradation,and energy shortage.Low-carbon economy is policy economy to a large extent.Although the external environment demands low-carbon development of electric power industry,enterprises lack intrinsic motivation.Electric power industry is the pillar industry of China,and is one of the key industries for China's low-carbon development.The government needs to ensure its dominant position in the low-carbon development of electric power industry,and reform the government performance management system and promote the planning and management of electric power industry through appropriate public policy,in order to adjust the structure of the electric power industry and take a low-carbon development road with Chinese characteristics.

Problems of Planning for Power Industry in China

On the basis of summing up the development of electric power industry in the 10th Five-Year Plan period, the idea of electric power development planning from 2006 to 2020 is presented. The authors analyzed ten main problems that existed in electric development during the 10th Five-Year Plan period, forecasted the electricity generation from 2006 to 2020, put forward the development strategy of power industry, discussed the component and development program of hydropower, thermal power, nuclear power, natural gas power and renewable power, outlined the present situations of six regional power grids, power transmission from western to eastern regions, UHV AC/DC power transmission and nationwide power grid interconnections, and finally gave out seven suggestions about electric power development in the future.

Evaluation of the Moderately Leading Development in China's Electric Power Industry

This article analyzes the importance of the moderately leading development in electric power industry, and the basic policy of the industry in China. It evaluates if the industry is appropriately developed ahead of other industries from the aspects of legal structuring, planning, electricity pricing mechanism, fixed assets investment, human resources, technological innovation and production and supply capacity etc., and proposes f ive recommendations.

Research Reports on the 12^(th) Five-Year Plan for Electric Power Industry Power Sources

China Electricity Council organized competent authorities across the industry of electric power to work out the ＂Research Reports on the 12th Five-Year Plan for Electric Power Industry＂ in nearly one year,which provides a reference for governmental departments to formulate the 12th Five-Year Plan on energy and electric power industry.The magazine will publish the serial reports including power sources,power grids,equipment manufacture,energy and environment,and power economics.This paper presents the part of ＂power sources,＂ in which the strategies of developing various kinds of power sources are put forward.

Research Reports on the 12^(th) Five-Year Plan for Electric Power Industry Power Grids

China Electricity Council organized competent authorities across the industry of electric power to work out the ＂Research Reports on the 12^th Five-Year Plan for Electric＂ Power lndustry ＂＂ in nearly one year, which provides a reference/or governmental departments to formulate the 12^th Five-Year Plan on energy and electric power industry. The magazine should publish the serial reports inchliding power sources, power grids, equipment manufacture, energy and environment, and power economics. This paper presents the part of ＂ power grids, ＂ in which the strategies of developing power grids are put forward.

Nuclear power industry's growth set to slow

According to the report of China Daily, influenced by the nuclear accidents in Japan, the expansion of China's nuclear power industry will slow from the rapid rate of the 11 th

Advancement in Science and Technology Enhanced the Growth of China's Electric Power Industry

Within the seven years’ period from 1987 to 1994. the total installed capacity of China’s electric power industry doubled from 100 GW to 200 GW. This high rate of growth has imposed new and more stringent requirements on all the branches in the

Make Greater Contributions to Development of Our National Electric Power Industry -Introduction to Shanghai Relay plant

Shanghai Relay Plant (SRP) was founded in 1959. With continuous development in nearly 40 years, SRP has become one of the biggest specialized manufacturers of protective relaying and distribution automation equipment for power system in China and a key enterprise of the Ministry of Machinery Industry. SRP was evaluated a State Second-Grade Enterprise in 1988 and awarded