Comparison and Enlightenment of Foreign Electricity Market Operation Modes

Bowei Wu


The separation of the power grid and power plants, as well as bidding for the power grid, was the first wave of market-oriented reform in the power industry, which began in the late 1980s in Britain. The US, Europe, and other developed countries then developed various types of the electrical market in turn. Since the 1990s, China has been reforming the electricity market to choose the most appropriate operation mode. This paper makes some proposals for the existing operation modes of China's electricity market based on an analysis of the key operation modes of overseas markets.


Electricity Market; Operation Mode; Transaction; Deregulation

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