The reform on China's power system has entered all-sided implementation phase on the release of six core documents on November 30. 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.
According to the documents, China would gradually expand pilot power transmission and distribution pricing reform to Anhui, Hubei, Yunnan, and Guizhou provinces and Ningxia Hui Autonomous Region, establish electricity trading bodies, establish prioritized power purchase and generation mechanism, and allowpPower users who "meet the requirement for market access" to directly buy from power generation companies.
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