Performance-Based Regulation Transition Model of Electricity Transmission and Distribution Price in China

Author

Zeng Ming ; Quan Shengming ; Tian Kuo ; Li Na

Author_Institution

Energy & Power Econ. Res. Advisory Centre, North China Electr. Power Univ., Baoding

fYear

2008

fDate

4-6 Nov. 2008

Firstpage

293

Lastpage

298

Abstract

Transmission and distribution networkpsilas natural monopoly characteristic decides it must receive regulation. Based on the analysis of price-cap regulation model, combining with the situation and status of power network in China, this paper put forward a reformative price regulation model, which takes network expansion and service quality into account at the same time. To carry out the transition of regulation method from traditional mode to incentive regulation mode, we studied the setup of initial price in price regulation model. In the end, the problem of quality factor computation was discussed.

Keywords

incentive schemes; monopoly; power distribution economics; power transmission economics; pricing; regulation; China power network; electricity distribution price; electricity transmission price; incentive regulation mode; monopoly characteristic; performance-based regulation transition model; price-cap regulation model; quality factor computation; reformative price regulation model; Bioreactors; Costs; Economic indicators; Forward contracts; Monopoly; Power generation; Power generation economics; Power industry; Production; Risk management; investment factor; price; quality factor; regulation model; transmission and distribution;

fLanguage

English

Publisher

ieee

Conference_Titel

Risk Management & Engineering Management, 2008. ICRMEM '08. International Conference on

Conference_Location

Beijing

Print_ISBN

978-0-7695-3402-2

Type

conf

DOI

10.1109/ICRMEM.2008.80

Filename

4673243