IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v29y2004i2p287-300.html
   My bibliography  Save this article

Pricing of electricity in China

Author

Listed:
  • Lam, Pun-Lee

Abstract

In China, the State Power Corporation (SPC) was the dominant producer and supplier of electric power. Our price estimation results based on published data of the SPC indicate that short run cost factors, like fuel costs and investment expenditure, were more important in the price determination process. Although the power purchase prices paid by the SPC to independent power producers (IPPs) have already covered capital costs, capital costs of generation and transmission assets owned by the SPC were ignored in the process. Our studies indicate that electricity prices in China were highly subsidized and below the average total costs of generation and transmission.

Suggested Citation

  • Lam, Pun-Lee, 2004. "Pricing of electricity in China," Energy, Elsevier, vol. 29(2), pages 287-300.
    • Handle: RePEc:eee:energy:v:29:y:2004:i:2:p:287-300
    DOI: 10.1016/j.energy.2003.08.010
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544203002226
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2003.08.010?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Yang, Ming & Yu, Xin, 1996. "China's power management," Energy Policy, Elsevier, vol. 24(8), pages 735-757, August.
    2. Blackman, Allen & Wu, Xun, 1999. "Foreign direct investment in china's power sector: trends, benefits and barriers," Energy Policy, Elsevier, vol. 27(12), pages 695-711, November.
    3. Wang, Xiaohua & Feng, Zhenming & Ding, Qishuo, 1999. "Increased energy use in Jiangsu province of China with protection of the environment," Energy, Elsevier, vol. 24(5), pages 413-417.
    4. Johnson, Todd M, 1995. "Development of China's Energy Sector: Reform, Efficiency, and Environmental Impacts," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 11(4), pages 118-132, Winter.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gnansounou, Edgard & Dong, Jun, 2004. "Opportunity for inter-regional integration of electricity markets: the case of Shandong and Shanghai in East China," Energy Policy, Elsevier, vol. 32(15), pages 1737-1751, October.
    2. Kahrl, Fredrich & Williams, Jim & Jianhua, Ding & Junfeng, Hu, 2011. "Challenges to China's transition to a low carbon electricity system," Energy Policy, Elsevier, vol. 39(7), pages 4032-4041, July.
    3. Martinot, Eric, 2001. "World bank energy projects in China: influences on environmental protection," Energy Policy, Elsevier, vol. 29(8), pages 581-594, June.
    4. Wang, Bing, 2007. "An imbalanced development of coal and electricity industries in China," Energy Policy, Elsevier, vol. 35(10), pages 4959-4968, October.
    5. Hübler, Michael, 2011. "Technology diffusion under contraction and convergence: A CGE analysis of China," Energy Economics, Elsevier, vol. 33(1), pages 131-142, January.
    6. Brucal, Arlan & Javorcik, Beata & Love, Inessa, 2019. "Good for the environment, good for business: Foreign acquisitions and energy intensity," Journal of International Economics, Elsevier, vol. 121(C).
    7. Chang, Yen-Chiang & Wang, Nannan, 2010. "Environmental regulations and emissions trading in China," Energy Policy, Elsevier, vol. 38(7), pages 3356-3364, July.
    8. Shahbaz, Muhammad & Nasreen, Samia & Abbas, Faisal & Anis, Omri, 2015. "Does foreign direct investment impede environmental quality in high-, middle-, and low-income countries?," Energy Economics, Elsevier, vol. 51(C), pages 275-287.
    9. Yang, Ming & Yu, Xin, 2004. "China’s rural electricity market—a quantitative analysis," Energy, Elsevier, vol. 29(7), pages 961-977.
    10. Yanrui Wu, 2001. "Deregulation and Growth in China's Energy Sector," Economics Discussion / Working Papers 01-20, The University of Western Australia, Department of Economics.
    11. Pollitt, Michael, 2009. "Evaluating the evidence on electricity reform: Lessons for the South East Europe (SEE) market," Utilities Policy, Elsevier, vol. 17(1), pages 13-23, March.
    12. Chen, Zhongfei & Barros, Carlos Pestana & Borges, Maria Rosa, 2015. "A Bayesian stochastic frontier analysis of Chinese fossil-fuel electricity generation companies," Energy Economics, Elsevier, vol. 48(C), pages 136-144.
    13. Li, Qian & Xue, Qiuzhi & Truong, Yann & Xiong, Jie, 2018. "MNCs' industrial linkages and environmental spillovers in emerging economies: The case of China," International Journal of Production Economics, Elsevier, vol. 196(C), pages 346-355.
    14. Das, Anjana & Ahlgren, Erik O., 2010. "Implications of using clean technologies to power selected ASEAN countries," Energy Policy, Elsevier, vol. 38(4), pages 1851-1871, April.
    15. Yang, Ming, 2003. "China's rural electrification and poverty reduction," Energy Policy, Elsevier, vol. 31(3), pages 283-295, February.
    16. Ma, Hengyun & Oxley, Les, 2010. "The integration of major fuel source markets in China: Evidence from panel cointegration tests," Energy Economics, Elsevier, vol. 32(5), pages 1139-1146, September.
    17. Del Bo, Chiara F., 2013. "FDI spillovers at different levels of industrial and spatial aggregation: Evidence from the electricity sector," Energy Policy, Elsevier, vol. 61(C), pages 1490-1502.
    18. Calì, Massimiliano & Cantore, Nicola & Iacovone, Leonardo & Pereira-López, Mariana & Presidente, Giorgio, 2022. "Too much energy The perverse effect of low fuel prices on firms," Journal of Environmental Economics and Management, Elsevier, vol. 111(C).
    19. Zheng, Y.H. & Li, Z.F. & Feng, S.F. & Lucas, M. & Wu, G.L. & Li, Y. & Li, C.H. & Jiang, G.M., 2010. "Biomass energy utilization in rural areas may contribute to alleviating energy crisis and global warming: A case study in a typical agro-village of Shandong, China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(9), pages 3132-3139, December.
    20. Adom, Philip Kofi & Adams, Samuel, 2018. "Energy savings in Nigeria. Is there a way of escape from energy inefficiency?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2421-2430.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:29:y:2004:i:2:p:287-300. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.