Comprehensive evaluation of power grid projects’ investment benefits under the reform of transmission and distribution price

Abstract

On March 15, 2015, the Central Office issued the “Opinions on Further Deepening the Reform of Electric Power System” (Zhong Fa No. 9). This policy marks the central government officially opened a new round of electricity reform. As a programmatic document under the new situation to comprehensively promote the reform of the power system, No. 9 document will be approved as a separate transmission and distribution of electricity prices, which is the first task of promoting the reform of the power system. Grid tariff reform is not only the transmission and distribution price of a separate approval, more of the grid company input-output relationship and many other aspects of deep-level adjustments. Under the background of the reform of the transmission and distribution price, the main factors affecting the input-output relationship, such as the main business, electricity pricing, and investment approval, financial accounting and so on, have changed significantly. The paper designed the comprehensive evaluation index system of power grid projects’ investment benefits under the reform of transmission and distribution price to improve the investment efficiency of power grid projects after the power reform in China.