Transforming China's electricity sector: Politics of institutional change and regulation
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Publication Date
2019-01Journal Title
Energy Policy
ISSN
0301-4215
Publisher
Elsevier BV
Volume
124
Pages
401-410
Language
en
Type
Article
This Version
AM
Metadata
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Lin, K., & Purra, M. M. (2019). Transforming China's electricity sector: Politics of institutional change and regulation. Energy Policy, 124 401-410. https://doi.org/10.1016/j.enpol.2018.07.041
Abstract
The political failure of China's first independent regulator in a strategic industry - the State Electricity Regulatory Commission (SERC), 2002-2013 - provides a natural experiment to uncover fundamental challenges to a gradualist approach to electricity market formation. Taking a political institutional approach, we show that while it was largely predictable that the breakup of the monopolistic power industry in 2002 created bureaucratic and corporate interests that would undercut the institutional role of SERC, subsequent difficulties in reforming electricity pricing, dispatch system, and integrating renewable energy sources strongly suggests that a central regulatory body would be necessary to lead a decisive transition to a market-based electricity market.
Identifiers
External DOI: https://doi.org/10.1016/j.enpol.2018.07.041
This record's URL: https://www.repository.cam.ac.uk/handle/1810/294757
Rights
Attribution-NonCommercial-NoDerivatives 4.0 International
Licence URL: https://creativecommons.org/licenses/by-nc-nd/4.0/
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