Probe into the Development Potentiality of Chinese Electric Power

Abstract

<p>After 70 years of development, especially <span style="font-family: 'Times New Roman';">after</span> the 18th National Congress of the CPC, the development of China’s electric power industry has entered a critical stage of transformation, adjustment and transformation. The high quality development of electric power industry is a kind of development that reflects the new development concept, which must be realized through qualitative change, efficiency change and power change. The core of high-quality development in the power industry is to improve efficiency. Reform, open and innovation are the core of efficiency. China’s power industry high-quality development of opportunities and challenges coexist. People’s desire for a better life, continuous improvement of electrification levels, clean use of coal, energy conversion, multi-energy complementarity, market reform of the power system, “Belt and Road Initiative” and electric heating for electric vehicles are among the policies for power and other energy alternatives in China. T<span style="font-family: 'Times New Roman';">here is a</span> great opportunity for industrial development. However, it is also faced with the pressure <span style="font-family: 'Times New Roman';">from the </span>large-scale clean transformation, <span style="font-family: 'Times New Roman';">and </span>the efficiency of the power system is not high enough<span style="font-family: 'Times New Roman';">. T</span>he power cost is not low, and the system mechanism is not perfect. Therefore, we must seize the historical opportunity of energy transformation to establish a high-quality green power system. We will deepen the reform of the electricity market and improve the systems and mechanisms for high-quality development of the power industry<span style="font-family: 'Times New Roman';">, to s</span>olve all kinds of contradictions in the development of electric power industry scientifically.</p>