Abstract
With the deepening of the power system reform since 2015, the construction of the electricity retail market continues to accelerate, the activity and competition of the electricity retail market continues to increase. In order to better guide the construction and development of China’s electricity retail market, it is necessary to accurately evaluate its construction effectiveness, finding the effectiveness and deficiencies, and making electricity retail market play the decisive role in the allocation of electricity resources. This article proposes a new set of construction effectiveness evaluation model for electricity retail market. It establishes the key factors of power retail market construction effectiveness from the seven aspects of market mechanism, market openness, market concentration, market quality, market performance, electricity retail side service content diversity and market satisfaction, etc. The corresponding evaluation index system is formed to measure the effectiveness of the electricity retail market construction, which helps to guide the discovery of weak links in retail market construction of power system and improve them in a timely manner. The validity of the proposed model is proved by case study.
Highlights
On March 15, 2015, "Several Opinions on Further Deepening the Reform of the Electric Power System" was issued, marking the official start of a new round of power system reform in China [1]
Starting from the dimensions of policy system, mechanism design, market operation, competition level, service content, and service quality, this article establishes the key factors for the effectiveness of the electricity retail market from 7 aspects, which are market mechanism,market openness, market concentration, market quality, market performance, the diversity of service content on the electricity retail side and market satisfaction
In order to better promote the construction of the electricity retail market, it is necessary to accurately grasp the development situation and construction results of the electricity retail market, discover the current achievements and deficiencies in the construction, and continue to optimize and adjust the future market development path and direction
Summary
On March 15, 2015, "Several Opinions on Further Deepening the Reform of the Electric Power System" was issued, marking the official start of a new round of power system reform in China [1]. The electricity retail side reform is one of the highlights of the new electricity reform and one of the core tasks It aims to form an "more buyer, more seller" market structure by orderly opening up the electricity retail business and build an effective competitive electricity retail market structure and system,making the market play the fundamental role in allocating resources and discovering the true value of electricity. The continuous liberalization of electricity generation as well as utilization plans and the increase in the scale of the electricity retail market have attracted a large number of private capital injections, bringing more risks to the secure operation of power system, which needs to be cautioned [2,3]. An example is given to verify the validity and practicability of the proposed model
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