Analysis of Global Power Market slide image

Analysis of Global Power Market

Analysis of China's Power Operation Market Policies and Regulation (4/5) Key Policies and Regulations of Power Operation Market in China Issuing Time Issuing Authorities Industry Guideline 2016.11.07 NDRC, NEA 2015.11.26 NDRC, NEA 2015.08.20 NDRC 2015.07.31 NEA Plans for Electric Power Development During 'the 13th Five-Year Plan' Period(2016-2020) (Œƒ “+=" (2016-2020 ) » Implementation Opinions of Advancing the Building of the Electric Power Market 《关于推进电力市场建设的实施意见》 Several Opinions of Further Deepening the Reform of the Electric Power System 《关于进一步深化电力体制改革的若干意见》 Distribution Network Construction and Transforming Plan (2015-2020 ) 《配电网建设改造行动计划(2015—2020年)》 Key Contents The State deepen reforms and opens up to development. And adheres to the direction of market-oriented reform, improve the market system, foster market players, promote the reform of electricity prices, improve operational efficiency, and build an efficient, fair, open and competitive power market. In accordance with the basic laws of the market economy and the objective laws of the operation of the power industry, cultivating market players actively, persisting in energy conservation and emission reduction, establishing a fair, standardised and efficient power trading platform, introducing market competition, breaking down market barriers, and opening up the power grid without discrimination. Increasing funding support. Leverages the financial resources of governments at all levels to drive investment from enterprises and the general public, expands the scale of investment, and forms a long-term mechanism to support the development of distribution networks. The state reviews the inclusion of distribution network construction and renovation projects in the list of enterprise income tax incentives. The State considers the tax support policies for projects that utilise clean electricity for central heating, electric vehicle charging infrastructure, and distributed power supplies for access to supporting power grids, encourages local governments to formulate policies to support the construction and renovation of distribution networks in light of local conditions and increase their support. Source: MEE, NDRC, NEA, Frost & Sullivan FROST & SULLIVAN 66
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