Research On Energy Price Formation Mechanism And Its Optimization In China

Energy price reform has become the trend of the world after the energy crisis in the 70s. Energy reform includes many fields. The energy price formation mechanism is the key to the reform for its fundamental role for energy price. Although China endured the price reform for nearly thirty years, there are still many defects in the energy price formation mechanism. The optimization of the energy price formation has been the core of the energy reform.The studies about the energy price formation mechanism developed in theory and operation, caused by the emerging technique and behavior pattern. More information involved in the energy production and different type of information take significant role in the energy price formation. Complex objects need to be thought to keep balance, which includes the objects of the consumers for services provided in better quality and lower price and the objects of the producers for higher regards and keeping more rapid development. Even the objects of the government need to be carried out. So the studies about the energy price formation mechanism and its optimization have been the most advanced one of the research fields.The paper focuses the energy formation and its optimization. The conception of energy price formation mechanism means the relationship between the fundamental factors and its function. The energy initialization price formation mechanism and the infrastructure connect price formation are the main part of the energy price formation mechanism. The existing studies about this problem mainly concentrate on the operation optimization of energy price formation mechanism and the concrete optimization of transition procedure, setting out from energy price formation mechanism. The main defect is that, as far as methods are concerned, they mostly sum up or inherit the existing western theories, especially the mechanism design theory. Few of them produce certain innovation suitable for China's energy price formation mechanism. This is just the very original intention of the thesis. The thesis, starting from China's special situation of energy price formation mechanism, supported by the econometric analysis of the current situation of the efficiency of China's energy production and consumption, lays its basis on the classical China's energy price formation mechanism, provides the mechanism design theory after the revision suitable for China's actual conditions and advances the corresponding policy strategy.The preface expounds the background and the research significance of the dissertation, the content and structure arrangement of this paper, the research approach, the innovation and the problems to be studied further.The five parts of this dissertation go as following: Part One is the survey of the studies both at home and abroad. Induce the research fruit about property right of energy, energy price formation mechanism, influence factor and optimization of strategy.Part Two elaborates the relevant theories of the mechanism design and energy price theories. After explaining the concrete conception of the mechanism design, its channels and criterion for the optimization of the mechanism, it also provides the regulation theory of relative to the energy infrastructure connect price.Part Three sets forth the energy initialization price mechanism and the energy infrastructures connect price mechanism in China. It is the qualitative evaluation of China's energy price and evaluates the present energy price formation mechanism. First, from the property right, resource value and mining value the energy initialization price mechanism is analyzed. Especially, coal initialization price mechanism is studied and conducted econometric analysis. Second, the price formation patterns such as marginal cost price formation, average cost price formation and Lamsay price formation are employed to analyze the energy infrastructure connect price formation mechanism. The electricity access price mechanism is analyzed and conducted econometric analysis. Finally, mainly with resort to Granger Causality Test and DEA, this chapter econometrically analyzes the efficiency of the energy production and energy consumption. Research finds that the current energy price formation mechanism needs to be optimized.Part Four analyses the energy price formation mechanism in foreign countries including U.S.A., Britain and Chile and inspiration gained from experience of them. Research finds two points are the main success experience. One is to establish the mining resource price mechanism and energy resource property market. The other is the release of regulation.Part Five offers the optimizing strategy and policy based the mechanism theory and result of simulation. Simulation analysis assumes four diversification of energy price formation mechanism and anticipates the result. Optimization of strategy in put forward to implement the balance of multiple objects according to the theory of mechanism design. Finally, it is the countermeasure of the dissertation. It proposes reform suggestion as to financial and tax policy and promoting the reform of the energy price formation mechanism.The research finds that the current energy price formation policy leads the low efficiency of energy production and consumption. Energy resources are utilized earlier than it used to be. So the optimization of energy price formation mechanism is the ultimate measure to make energy price reasonably.