Notice of RetractionA comparative analysis of modern electricity regulatory system: From the viewpoint of regulatory economics

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

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As a kind of electricity regulatory system which works in the mature market economy universally, the modern electricity regulatory system has some remarkable characteristics distinguishing itself from traditional electricity managerial system. Through a comparative analysis we can generalize these characteristics as four aspects, which are supervising in accordance with the law, the independence and restricting mechanism for the regulator, the license entry regulation in the market of electricity generation and marketing, and the incentive price regulation in the market of electricity transmission and distribution as well.