Open AccessAssessment and Forecast of Operating Efficiency of Power Generation Industry in the Context of Electricity Marketization
Author(s) -
Wei Han,
Ruixin Gong,
Xi Yang,
Shaojie Guan
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/793/1/012003
Subject(s) - marketization , electricity generation , electricity , environmental economics , context (archaeology) , benchmark (surveying) , index (typography) , electric power industry , electricity market , productivity , econometrics , economics , power (physics) , industrial organization , china , computer science , engineering , macroeconomics , physics , electrical engineering , quantum mechanics , world wide web , political science , law , geography , biology , paleontology , geodesy
The current research on the impact of electricity market reform on the power generation industry lacks comparative studies and targeted measures under the expected scenario. To fill this gap, this paper presents a micro-level analysis of 62 power generators from both static and dynamic perspectives based on the DEA-BCC model and the Malmquist index. In addition, on the basis of China’s macro energy data collected, the TIMES model was used for scenario prediction, and a comparative analysis was made with the benchmark reference scenario, thus exploring the main factors affecting total factor productivity and making reasonable predictions on the energy structure and industry development prospects under the two scenarios. It can be seen from the results that carrying out the electricity marketization reform will effectively reduce the average electricity cost and share of coal power generation. Finally, on the basis of the analysis of the results, policy recommendations and development strategies have been proposed in a targeted manner.