Abstract

As developing of the smart grid, a new round of electricity market reform is now taking place in China. One primary task in this round of reform is transmission pricing. Since the transmission revenue is the main income of a power grid enterprise, the reform of transmission pricing will profoundly affect future investment of power grid. Thus, in this paper, we will briefly introduce the government policies of transmission pricing and establish a model for transmission pricing in a provincial grid. Then a system dynamics model which analyzes the influence of transmission pricing on power grid investment will be carried out. Based on the simulation results of the proposed model, we conclude the tendency of change in transmission price and power grid investment which can be used for power grid enterprises planning future power grid investment.

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