Design of Price Mechanisms to Promote Hydropower Consumption under the Background of New Electricity Reform

Abstract

With the further advancement of the new electricity marketization reform, in order to better solve the surplus water problem, it is urgent to combine with the current situation of China's electricity market reform to study the market mechanism and price mechanism to promote the consumption of hydropower. Under the background of the new round of electricity market reform, this paper firstly summarizes the current hydropower price mechanism in China, and discusses the influence of current price policies and methods on the development and consumption of hydropower based on the development status of hydropower. Secondly, according to the current situation and trend of China's electricity marketization reform, this paper discusses the types of market that hydropower can participate in at different stages of marketization, and studies the corresponding price mechanism that can promote the consumption of hydropower in different markets. Finally, the supporting safeguard measures are designed to coordinate with the price mechanism to ensure the consumption of hydropower.