Electricity Markets and Systems in the EU and China: Towards Better Integration of Clean Energy Sources: Joint Statement Report Series, #1
()
About this ebook
This report was prepared by
Matti Supponen, former Policy Coordinator, Directorate General Energy, European Commission and
XIA Qing, CHEN Qixin and JIANG Nan, Tsinghua University
The report benefited from extensive comments made by Professor Jean Michel Glachant, Director of the Florence School of Regulation.
EU-China Energy Cooperation Platform was launched on 15 May 2019, to support the implementation of activities announced in the "Joint Statement on the Implementation of EU-China Energy Cooperation". The overall objective of ECECP is to enhance EU-China cooperation on energy. In line with the EU's Green Deal, Energy Union, the Clean Energy for All European initiative, the Paris Agreement on Climate Change and the EU's Global Strategy, this enhanced cooperation will help increase mutual trust and understanding between EU and China and contribute to a global transition towards clean energy on the basis of a common vision of a sustainable, reliable and secure energy system. ECECP is implemented by a consortium led by ICF, jointly with Energy Research Institute of National Development and Reform Commission and China Energy Conservation and Environment Protection Consulting; policy steering is by the EU (DG ENER) and the China National Energy Administration.
LEGAL DISCLAIMER
The information and views set out in this report are those of the author(s) and do not necessarily reflect the official opinion of the European Union, the China National Energy Administration or ECECP. Neither the European Union nor China National Energy Administration nor ECECP can guarantee the accuracy of the data included in this study. Neither the European Union, China National Energy Administration, ECECP nor any person acting on their behalf may be held responsible for the use, which may be made of the information contained therein.
© 2020 European Union. All rights reserved.
English editing: Helen Farrell, Chinese editing: CHI Jieqiao
eBook production: Veronika Spurna, ECECP Junior Postgraduate Fellow
Related to Electricity Markets and Systems in the EU and China
Titles in the series (13)
Supporting the Construction of Renewable Generation in EU and China: Policy Considerations: Joint Statement Report Series, #1 Rating: 0 out of 5 stars0 ratings中欧能源系统整合间歇性可再生能源 - 政策考量: Joint Statement Report Series, #1 Rating: 0 out of 5 stars0 ratingsENTSO-E 电网规划模型中国演示: Joint Statement Report Series, #4 Rating: 0 out of 5 stars0 ratingsENTSO-E Grid Planning Modelling Showcase for China: Joint Statement Report Series, #4 Rating: 0 out of 5 stars0 ratings加速中欧创新能源解决方案的孵化及商业化: Joint Statement Report Series, #5 Rating: 0 out of 5 stars0 ratings欧盟和中国的能源建模报告: Joint Statement Report Series, #7 Rating: 0 out of 5 stars0 ratingsComparative Study on Policies for Products’ Energy Efficiency in EU and China: Joint Statement Report Series, #6 Rating: 0 out of 5 stars0 ratings中欧产品能效政策比较研究: Joint Statement Report Series, #7 Rating: 0 out of 5 stars0 ratings
Related ebooks
Electricity Marginal Cost Pricing: Applications in Eliciting Demand Responses Rating: 0 out of 5 stars0 ratingsElectricity Cost Modeling Calculations: Regulations, Technology, and the Role of Renewable Energy Rating: 0 out of 5 stars0 ratingsEU-China Energy Magazine 2021 Spring Double Issue: 2021, #1 Rating: 0 out of 5 stars0 ratingsLocal Electricity Markets Rating: 0 out of 5 stars0 ratingsThe Cost of Electricity Rating: 0 out of 5 stars0 ratingsRegulation and Investments in Energy Markets: Solutions for the Mediterranean Rating: 0 out of 5 stars0 ratingsDigest of the Handbook on Electricity Markets - International Edition: 2022, #9 Rating: 0 out of 5 stars0 ratingsEU China Energy Magazine 2022 February Issue: 2022, #1 Rating: 0 out of 5 stars0 ratingsEvolution of Global Electricity Markets: New paradigms, new challenges, new approaches Rating: 0 out of 5 stars0 ratingsCompetitive Electricity Markets: Design, Implementation, Performance Rating: 4 out of 5 stars4/5Rise of renewables in cities: Energy solutions for the urban future Rating: 0 out of 5 stars0 ratingsElectrification: Accelerating the Energy Transition Rating: 0 out of 5 stars0 ratingsDistributed Generation and its Implications for the Utility Industry Rating: 0 out of 5 stars0 ratingsComparative Study on Policies for Products’ Energy Efficiency in EU and China: Joint Statement Report Series, #6 Rating: 0 out of 5 stars0 ratingsVariable Generation, Flexible Demand Rating: 0 out of 5 stars0 ratingsRenewable Energy Prospects for Central and South-Eastern Europe Energy Connectivity (CESEC) Rating: 0 out of 5 stars0 ratingsSupporting the Construction of Renewable Generation in EU and China: Policy Considerations: Joint Statement Report Series, #1 Rating: 0 out of 5 stars0 ratingsEnergy Efficiency: Towards the End of Demand Growth Rating: 0 out of 5 stars0 ratingsAn Exploration into China's Economic Development and Electricity Demand by the Year 2050 Rating: 0 out of 5 stars0 ratingsEuropean Investment Bank Annual Report 2019 on the European Investment Advisory Hub Rating: 0 out of 5 stars0 ratingsRenewable energy auctions: Southeast Asia Rating: 0 out of 5 stars0 ratingsEnergy Economics and Policy Rating: 5 out of 5 stars5/5READy: Renewable Energy Action on Deployment: policies for accelerated deployment of renewable energy Rating: 0 out of 5 stars0 ratingsElectricity Auctions: An Overview of Efficient Practices Rating: 0 out of 5 stars0 ratingsPower Market Structure: Revisiting Policy Options Rating: 0 out of 5 stars0 ratingsEnergy Analysis and Policy: Selected Works Rating: 0 out of 5 stars0 ratingsEnergy Efficiency: Building a Clean, Secure Economy Rating: 1 out of 5 stars1/5The French Revolution, 1788-1792 Rating: 0 out of 5 stars0 ratingsGenerating Electricity in a Carbon-Constrained World Rating: 0 out of 5 stars0 ratingsRisk-Based Energy Management: DC, AC and Hybrid AC-DC Microgrids Rating: 0 out of 5 stars0 ratings
Power Resources For You
How Do Electric Motors Work? Physics Books for Kids | Children's Physics Books Rating: 0 out of 5 stars0 ratingsIdaho Falls: The Untold Story of America's First Nuclear Accident Rating: 4 out of 5 stars4/5The Homeowner's DIY Guide to Electrical Wiring Rating: 5 out of 5 stars5/5The Boy Who Harnessed the Wind: Creating Currents of Electricity and Hope Rating: 4 out of 5 stars4/5Electronics All-in-One For Dummies Rating: 4 out of 5 stars4/5Oil: A Beginner's Guide Rating: 4 out of 5 stars4/5DIY Lithium Battery Rating: 3 out of 5 stars3/5Energy: A Beginner's Guide Rating: 4 out of 5 stars4/5The Grid: The Fraying Wires Between Americans and Our Energy Future Rating: 4 out of 5 stars4/5Build Your Own Electric Vehicle, Third Edition Rating: 4 out of 5 stars4/5Solar Power Demystified: The Beginners Guide To Solar Power, Energy Independence And Lower Bills Rating: 5 out of 5 stars5/5The Way Home: Tales from a life without technology Rating: 4 out of 5 stars4/5Solar Electricity Basics: Powering Your Home or Office with Solar Energy Rating: 5 out of 5 stars5/5Station Blackout: Inside the Fukushima Nuclear Disaster and Recovery Rating: 0 out of 5 stars0 ratingsEmergency Preparedness and Off-Grid Communication Rating: 0 out of 5 stars0 ratingsPhotovoltaic Design and Installation For Dummies Rating: 5 out of 5 stars5/5Solar Power Your Home For Dummies Rating: 4 out of 5 stars4/5Do It Yourself: A Handbook For Changing Our World Rating: 3 out of 5 stars3/5Off Grid And Mobile Solar Power For Everyone: Your Smart Solar Guide Rating: 0 out of 5 stars0 ratingsThe Rare Metals War: the dark side of clean energy and digital technologies Rating: 5 out of 5 stars5/5The Wolfberry Chronicle Rating: 4 out of 5 stars4/5The Illustrated Tesla (Rediscovered Books): With linked Table of Contents Rating: 5 out of 5 stars5/5The Ultimate Solar Power Design Guide Less Theory More Practice Rating: 4 out of 5 stars4/5Electric Motors and Drives: Fundamentals, Types and Applications Rating: 5 out of 5 stars5/5Betting on Famine: Why the World Still Goes Hungry Rating: 4 out of 5 stars4/5How to Drive a Nuclear Reactor Rating: 0 out of 5 stars0 ratingsGeo Power: Stay Warm, Keep Cool and Save Money with Geothermal Heating & Cooling Rating: 5 out of 5 stars5/5The Illustrated Tesla Rating: 5 out of 5 stars5/5Freeing Energy: How Innovators Are Using Local-scale Solar and Batteries to Disrupt the Global Energy Industry from the Outside In Rating: 0 out of 5 stars0 ratingsSolar Power: How to Construct (and Use) the 45W Harbor Freight Solar Kit Rating: 5 out of 5 stars5/5
Reviews for Electricity Markets and Systems in the EU and China
0 ratings0 reviews
Book preview
Electricity Markets and Systems in the EU and China - EU-China Energy Cooperation Platform Project
1. PREFACE
1.1 Background
ON APRIL 9TH 2019, Li Keqiang, Premier of the State Council of the People's Republic of China, Donald Tusk, President of the European Council, and Jean-Claude Juncker, President of the European Commission, met in Brussels for the 21st China-EU Summit. China and the EU signed a joint statement on the implementation of China- EU cooperation on energy and endorsed the start of implementation of the newly established China-EU Energy Cooperation Platform.
In establishing the China-EU Energy Cooperation Platform, the aim is to support the implementation of the joint statement, enhance exchanges and cooperation between China and the EU in the energy field, enhance mutual understanding and trust between China and the EU, and contribute to a clean energy transformation in a mutually beneficial pattern of cooperation.
Five years have passed since China’s central government started a new round of power sector reform, in March 2015. Over the past five years, China has worked to ‘regulate transmission & distribution’ and open up the retail market. The reform was focused on creating a competitive electricity market and improving market efficiencies and the service level of power supply, the ultimate aim being the optimisation of resource allocation. Although the reform has made great progress, many challenges remain.
1.2 Purpose
ELECTRICITY REFORM has entered the deep-water zone. A number of barriers continue to hinder effective implementation of reform, in particular the complex and often conflicting interests of the government agencies, grid companies, generation companies, heavy industry, the coal industry and other stakeholders. The previous incentive structure of the electricity industry is facing unprecedented challenges, while various production relationships are likely to require adjustment. On the one hand, contradictions between market behaviours and system operations are becoming apparent. On the other hand, ways of collaboration between multiple departments will likely be a key area of attention. As we stand at a new historical crossroads, it is necessary to review and summarise the initial results and continue to develop China’s electricity market structure.
This project is one of the main tasks of China-EU Energy Cooperation Platform. The objective is to complete a joint statement and submit a research report, the results of which will be discussed at the 9th meeting of the EU-China Energy Dialogue in 2020. The content of discussions will be divided into the following three areas:
First, learning from the lessons and experiences of the EU market. The discussions will identify on the best practice/lessons for China from institutional, policy, regulatory and commercial perspectives, including the regulatory framework that promotes cross-border, regional and provincial trading, a market-based electricity price mechanism, and the role of system operators in facilitating competition and system development.
Second, investigating the electricity market in China. In this section, the discussions will aim to offer a comprehensive understanding of the issues and achievements of China’s power sector reform. We will identify its major achievements, immediate issues and the barriers that limit competition and participation, as well as the challenges confronting the development of an efficient power market in