1. An Introduction to the Chinese Power System and its Reform -- 2. Lessons for China from International Experience of Power Sector Reform -- 3. Power Market Reform in China - Lessaon from Guangdong -- 4. How Industrial electricity prices are determined in a reformed power market: lessons from...

The Chinese electricity sector is the largest in the world, covering well over 20% of the world's electricity supply. While many other countries liberalized their electricity systems in the 1990s, thereby creating competitive wholesale and retail electricity markets, China's move towards...

Introduction -- Water as a Natural Resource -- Hydropower with Constraints -- Multiple Producers -- Mix of Thermal and Hydropower Plants -- Trade -- Intermittent Energy -- Pumped-storage Hydroelectricity -- Uncertainty -- Transmission -- Market Power -- Summary and Conclusions.

This study assesses the competitiveness of nuclear power against coal- and gas-fired power generation in liberalised electricity markets with either CO2 trading or carbon taxes. It uses daily price data for electricity, gas, coal and carbon from 2005 to 2010, which encompasses the first years of...

The denition of emergence remains problematic, particularly for systemswith purposeful human interactions. This study explores the practical importof this concept within a specic market context: namely, a double-auctionmarket for wholesale electric power that operates over a transmission...