Analysis of China's Power Market Structure and Market Entities’ Business Interface under the Reform of Electric Power System

Abstract

On 15th March 2015, Some Opinions on Further Deepen the Reform of Electric Power System (No.9 document) was issued by the State Council with 6 supporting documents, indicating the all-round fulfillment of the new electricity system reform. China's new electricity system reform aims at forming a complete and orderly power market structure. Based on this, this paper analyzes the new electricity market structure, and lists the relation diagram. In addition, this paper analyzes the structure and business interface of power generation enterprises, power grid enterprises, electric power consumers and trading institutions.