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Web of Proceedings - Francis Academic Press

The Behavior and Influence of Provincial Governments in Electricity Price Reform

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DOI: 10.25236/icepbm.2018.27

Author(s)

Wang Zhenmin, Luo Jia

Corresponding Author

Wang Zhenmin

Abstract

The first pilot provinces that conducted reform have achieved a general decline in the cost of electricity consumption for industries and business in the short term by accounting for their transmission and distribution prices and advancing the direct power transaction, resulting in the economic development. It cannot be ignored, however, that the provincial governments play a limited role in the local economic restructuring and development, due to their limited role and influence in the electricity price reform and the relatively simple regulation of transmission and distribution prices. Therefore, the provincial governments should fully consider their own resource endowments in pushing forward price reform, actively explore how to scientifically determine transmission and distribution prices, rationally regulate the price, and strengthen the supervision function on electricity price, so as to play a vital role in the development of economy with a high quality.

Keywords

Provincial government, Electricity price, Reform, Behavior, Influence.