Industries > Utilities

NDRC, NEA nods Chongqing, Guangdong for electricity sales reform piloting

BEIJING
2015-12-10 10:59

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The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have approved Chongqing Municipality and Guangdong Province to carry out reform piloting at electricity sale side, according to a report by Shanghai Securities News on Thursday.

This means that China's power reform enters all-sided implementation phase, experts say. The NDRC and the NEA also required Chongqing and Guangdong to further refine reform implementation scheme details, standardize electricity sale side market access and exit mechanism, improve market-oriented power trading mechanism and speed up establishing market structure and system that features effective competition to explore and gather experience for wider scope power reform, according to the report.

China earlier on November 30 released six core documents which speeded up power reform implementation.

The six core documents include implementation proposal for promoting power transmission and distribution pricing reform, implementation proposal for promoting power market establishment, implementation proposal for establishment and normalized operation of electricity trading bodies, implementation proposal for orderly removing government control over power generation and consumption planning, implementation proposal for promoting reforms at electricity sale side, and guideline for strengthening and normalizing supervision and administration of coal-fired captive power plants.

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