IDEAS home Printed from https://ideas.repec.org/a/sae/enejou/v46y2025i2p1-33.html
   My bibliography  Save this article

Measuring the Effects of Power System Reform in Jiangsu Province, China from the Perspective of Social Cost Benefit Analysis

Author

Listed:
  • Tianyu Li
  • Ciwei Gao
  • Michael G. Pollitt
  • Tao Chen
  • Hao Ming

Abstract

The paper uses a social cost benefit analysis (SCBA) approach to measure the effects of the power system reform starting from 2015 in Jiangsu province, China. We review the background of Jiangsu power system and summarize the implemented policies since the publication of “Document #9.†Then we pick the average industrial and commercial retail price and analyze the sources of price reductions. We show that the nominal industrial and commercial price fell by 21.3 percent between January 2012 and May 2021. We then analyze the likely overall welfare change facing industrial and commercial customers using SCBA and conclude that there is a permanent gain equivalent to 9.1% lower prices per year mainly because of the reform. This figure is a significantly more positive consumer gain than that calculated in previous SCBAs of electricity reform in other countries. JEL Classification: L94, Q48

Suggested Citation

  • Tianyu Li & Ciwei Gao & Michael G. Pollitt & Tao Chen & Hao Ming, 2025. "Measuring the Effects of Power System Reform in Jiangsu Province, China from the Perspective of Social Cost Benefit Analysis," The Energy Journal, , vol. 46(2), pages 1-33, March.
    • Handle: RePEc:sae:enejou:v:46:y:2025:i:2:p:1-33
    DOI: 10.1177/01956574241280817
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/01956574241280817
    Download Restriction: no
    File URL: https://libkey.io/10.1177/01956574241280817?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
    ---><---

    More about this item

    Keywords

    power system reform (PSR); social cost benefit analysis (SCBA); electricity market; industrial and commercial electricity price;
    All these keywords.

    JEL classification:

    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

    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:sae:enejou:v:46:y:2025:i:2:p:1-33. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: SAGE Publications (email available below). General contact details of provider: .

    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.