BEIJING, Feb. 10 -- China is accelerating the market-oriented reform of its renewable power pricing system in a bid to build a new power system and promote the sustainable development of renewable energy generation.
The electricity market-oriented reform increases the price of electricity. However, it reduces the price of secondary fossil energy (Fig. 6) and the carbon price, reducing energy-intensive enterprises'' demand for factor substitution. Therefore, the power market reform can increase the share of the tertiary industry in the added value. 5.2.3.
Reforming the electricity market is not a new topic worldwide but is important . Zhou et al. explored the reaction of sectors to electricity pricing. The market-oriented reform in the electricity industry has become a global trend since the 1980 s.
Electricity market-oriented reform The market-oriented reform of electric power refers more to the market-oriented reform of electric power price.
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The main reason may be that the electricity market-oriented reform will reduce the carbon trading price, and the lower carbon trading price will reduce the price of non-power …
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