Research On China's Power Industry Regulation Reform

In order to avoid the market failure and Improve economic efficiency,the government usually regulation specific industries.Electric power industry as the national economy basic industry,regulates national security,economic development and social stability.Regulating the electric power industry is the usual method.Since the reform and opening,the government promote the reform of electric power industry in our country,changed the past problems.Providding a strong support for China’s reform and opening up smoothly,economic and social development healthly.However,as the economic and social development,trading systems and mechanisms is not smooth,market pricing mechanism is not perfect,the legal guarantee of policy is not fully,and so on,severe restriction and affects the development of electric power industry.The urgency of reform and innovation is growing.In order to study electric power industry reform and development from the aspect of government regulation,the paper summarizes the public interest theory,the theory of natural monopoly and government regulation theory,etc,reviews the development of our country electric power industry regulation reform,comprehensively summarizes the domestic and the British and the USA electric power industry regulation reform experience and lesson,analyz our country electric power industry regulation reform path of development,summarize the basic pattern of our country electric power industry regulation,analyze the outstanding problems existing in the development of electric power industry reform,for example,loss distribution electricity price formation mechanism,investment in hair distribution link allocation is not reasonable,the proportion of distribution of electricity in terminal sales price is low,analyze our country electric power industry regulation performance,put forward that strengthen the electric power industry regulation reform moderaly,improve the legal system for electric power industry government rules and regulations,strengthen the construction of electric power industry the government regulatory organizations.Now,our country is deepenning the reform,the paper provides relevant advice fo how to promote the reform of electric power industry regulation.The paper emphasize that promoting the reform of electric power industry regulation,must correctly handle the relationship between government and market,should not only use government the ‘visible hand’,but also use market the‘invisible hand’.For the electric power industry,strengthen the electric power industry regulation,must strengthen the control of transmission link,gradually let go of power generation part and sell electricity,promote the reform of marketization of electric power industry,deepen reform of theelectricity price regulation,reform of the electric power industry link of competitive business market,deepen reform of the electric power industry of government regulation of the natural monopoly business,deepen reform of the electric power industry in the field of security regulation,deepen the electric power industry related legal regulation,improving the capacity of electric power industry market competitiveness and efficiency.