Electricity Regulatory Commission will formulate a road map for the "12th Five-Year Plan" power system reform

Wu Xinxiong, chairman of the State Electricity Regulatory Commission, said at the annual work meeting on January 10 that in 2012 the Electricity Regulatory Commission will push forward the electricity system reforms such as separation of plant and network, separation and distribution of power plants, and rationalization of electricity price reforms, and will propose the “12th Five-Year Plan” intensification. The roadmap for power system reform.

He said that this year will focus on the key, and pragmatically promote the three power system reforms. The first is to further consolidate the results of the separation of the plant network (ie, power plants and power grids) in 2002, conduct a thorough investigation of power generation assets owned by power grid companies, and put forward regulatory advice. The second is to formulate a trial operation plan for the comprehensive reform of the transmission and distribution system and promote pilot work. The third is to resolve the contradiction between coal and electricity as the starting point, explore and advance the reform of electricity pricing mechanism.

He said that in order to promote these three reforms, effective approaches and measures will be adopted around the ideas of “there are laws, principles, fair transactions, reasonable prices, and separation of government and enterprises”. He emphasized that the separation of power transmission and distribution business will be promoted, and a number of buyer entities with appropriate numbers and sizes will be gradually formed to increase competition efficiency. At the same time, it further promoted the direct purchase of electricity by large users to promote the diversification of market players. The interface of transmission and distribution will also be defined, cost accounting measures will be improved, and the cost monitoring of power generation, transmission and distribution companies will be strengthened.

With regard to the reform of electricity prices, he said that he will proceed with reforms from peak-to-valley electricity prices, industrial differential electricity prices, and residential ladder electricity prices to promote the formation of a power market price mechanism based on "cost regulation as the basis, market sales as the mainstay, and macroeconomic regulation as the benchmark."

He said that the SERC will organize major research on electric power reform this year and put forward suggestions for deepening the reform of the electric power system in the 12th Five-Year Plan period. The first is to study the top-level design and reform roadmap of the power reform, and put forward the "Twelfth Five-Year Plan" proposals for deepening the power system reform. The second is to further sort out and study the current power management system and put forward suggestions and suggestions for improving and improving the government power management system.

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