Abstract
The study of matching degree between energy equipment manufacturing and market demand is crucial for energy enterprises to adjust business strategies, expand market share, and develop sustainably. Considering that the current electricity market evaluation indicators are rarely selected from a global perspective and a single evaluation method may lead to one-sided results, this article takes the technology and equipment related to electric energy as the research object and selects six indicators, including technical standards, qualification certification, export methods, after-sales service, market concentration, and product concentration. By analyzing the supply and demand characteristics of major global regional markets and the situation of Chinese power enterprises in these markets, we propose matching model cluster including osculating value method, rank-sum ratio method, ideal point method, entropy value method, and efficacy coefficient method to conduct the matching degree study. The results show that the overall market matching degree of Chinese power companies is good, especially in Southeast Asia, Central Asia, and Africa. For markets with a low degree of matching, we analyze the reasons based on the matching indicators values to provide companies with corresponding strategies and recommendations.
Highlights
With the continuous advancement of energy technology, the world energy landscape is undergoing important changes [1]. e energy structure is gradually becoming low-carbon, diversified, and intelligent [2]; especially, the global power market is in a stage of deep transformation and rapid innovation. e interaction between supply and demand is the development trend under the new situation such as power market reform and smart grid construction, and it is a necessary condition for building a complete, sound, and efficient power market [3]
By grasping the trend of the global power market, China power companies can deal with the opportunities and challenges of the power market calmly, which is of great significance to expand overseas markets and achieve industrial upgrading
Hellmer and Warell evaluated the dominant position of the Nordic electricity market-based market concentration [9]
Summary
With the continuous advancement of energy technology, the world energy landscape is undergoing important changes [1]. e energy structure is gradually becoming low-carbon, diversified, and intelligent [2]; especially, the global power market is in a stage of deep transformation and rapid innovation. e interaction between supply and demand is the development trend under the new situation such as power market reform and smart grid construction, and it is a necessary condition for building a complete, sound, and efficient power market [3]. As one of the world’s largest cross-border energy investment countries, China’s energy companies have entered the international market with the global economic slowdown and increasing overcapacity in China In this context, performing the matching analysis between global energy equipment manufacturing and market demand became an important research content. In order to explore the matching degree between energy equipment manufacturing and market demand, certain evaluation indicators and evaluation models need to be selected. Based on the deficiencies in the above research, this article takes electric power technology and equipment as the research object and selects six matching indicators, including technical standards, qualification certification, export methods, after-sales service, market concentration, and product concentration. One is that when we select matching indicators, we add some factors that need to be considered in exporting energy equipment based on a global perspective.
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