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Price Regulation Mode Selection of Electric Power Industry in China

In: Liss 2012

Author

Listed:
  • Hanchun Wang

    (Beijing Jiaotong University
    Research Center for Beijing Industrial Security and Development)

  • Kai Zheng

    (Beijing Jiaotong University
    Research Center for Beijing Industrial Security and Development)

Abstract

After a series of price reforms, the cost-plus based regulation mode has been established in China’s electric power industry. However, it still cannot fulfill the requirement of power reform and development. This paper proposes three reform modes of power price regulation which are the rate-of-return regulation, the price cap regulation and the floating rate-of-return regulation. Their feasibility, limitations, together with strengths and weaknesses are then well analyzed. Further, a gradual mode selection idea is put forward.

Suggested Citation

  • Hanchun Wang & Kai Zheng, 2013. "Price Regulation Mode Selection of Electric Power Industry in China," Springer Books, in: Zhenji Zhang & Runtong Zhang & Juliang Zhang (ed.), Liss 2012, edition 127, pages 1229-1235, Springer.
    • Handle: RePEc:spr:sprchp:978-3-642-32054-5_174
    DOI: 10.1007/978-3-642-32054-5_174
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