The review of the electric power market reform on electricity sale side

Abstract

Based on the power system reform 5 and 9, the China's power system market is in a positive stage of reform. After the 9th, the reform is mainly aimed at the establishment of a fully functional power market system. This reform requires the power generation, transmission, distribution, electricity selling links being vertically separated. China needs to break the monopoly model, and strive to achieve a retail competition model. The market needs to make the plant and the network apart, introduce competition, and strengthen regulation in order to achieve the greatest effect of reform. This paper first summarizes the path and mode of the reform in China suitable for the developing countries. And it compares with the foreign reform process, and analyzes the current situation and existing problems of the reform. At last, this paper prospects the future development.