Review on Electricity Market Reform at Home and Abroad

Abstract

In September 2020, China has made a commitment to achieving “peak carbon dioxide emissions” before 2030 and “carbon neutrality” before 2060 at the General Assembly of the United Nations. Then, at the Climate Ambition Summit, China pointed out the important responsibility and mission of the power industry to serve "peak carbon dioxide emissions and carbon neutrality". The key issues such as what kind of electric market to build and what kind of main energy will be chosen to build the power system were proposed. For the new power system, there will be new changes in the links of “source, network, load, storage”. However, the reform of the electricity market cannot be ignored, either. How to determine the type of electricity sales company and how to develop a suitable electricity sales strategy is one of the important studies that need to be explored at present. Therefore, the main body of electricity sales companies under new power system reform in China are analyzed in our studies, Then, we reviewed the current situation of electricity market reform at home and abroad. Finally, the thought on electricity market reform is presented.