Price Regulation Mode Selection of Electric Power Industry in China

Hanchun Wang () and Kai Zheng
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Hanchun Wang: Beijing Jiaotong University
Kai Zheng: Beijing Jiaotong University

A chapter in LISS 2012, 2013, pp 1229-1235 from Springer

Abstract: Abstract After a series of price reforms, the cost-plus based regulation mode has been established in China’s electric power industry. However, it still cannot fulfill the requirement of power reform and development. This paper proposes three reform modes of power price regulation which are the rate-of-return regulation, the price cap regulation and the floating rate-of-return regulation. Their feasibility, limitations, together with strengths and weaknesses are then well analyzed. Further, a gradual mode selection idea is put forward.

Keywords: Price regulation; Mode selection; Electric power industry (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-32054-5_174

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DOI: 10.1007/978-3-642-32054-5_174

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