Proceedings of 2024 4th International Conference on Public Management and Big Data Analysis (PMBDA 2024)

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Evaluating Power Market Performance in China on Economic, Security and Environmental Perspectives

Authors
Shuo Liu1, Guodong Li1, Yanbo Feng2, Jiale Li2, *
1Beijing Power Exchange Center, Beijing, China
2Renmin University of China, Beijing, China
*Corresponding author. Email: ljl0211@ruc.edu.cn
Corresponding Author
Jiale Li
Available Online 28 February 2025.
DOI
10.2991/978-94-6463-656-7_8How to use a DOI?
Keywords
electricity market reform; performance evaluation; energy trilemma
Abstract

In recent years, China has undertaken two rounds of electricity market reforms, establishing provincial electricity markets. However, progress in market development varies across provinces. To provide a unified evaluation of the performance of electricity markets in various provinces, this study aims to construct a comprehensive evaluation system to assess performance from economic, security, and environmental perspectives. This study focuses on the regions governed by 26 power trading centers (excluding Tibet), employing the Analytic Hierarchy Process (AHP) to calculate indicator weights and collecting relevant data from each trading center for analysis. Indicators are linearly normalized and scored, followed by a weighted comparison of scores across provinces. The findings reveal relatively small differences in market development progress among the provinces. Nevertheless, the electricity market currently faces challenges in balancing the three dimensions of economic, security, and environmental performance, reflecting the “energy trilemma” of cleanliness, affordability, and stability. Moving forward, it is essential for the development of the electricity market to simultaneously consider these dimensions to ensure coordinated growth.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of 2024 4th International Conference on Public Management and Big Data Analysis (PMBDA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
28 February 2025
ISBN
978-94-6463-656-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-656-7_8How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Shuo Liu
AU  - Guodong Li
AU  - Yanbo Feng
AU  - Jiale Li
PY  - 2025
DA  - 2025/02/28
TI  - Evaluating Power Market Performance in China on Economic, Security and Environmental Perspectives
BT  - Proceedings of 2024 4th International Conference on Public Management and Big Data Analysis (PMBDA 2024)
PB  - Atlantis Press
SP  - 71
EP  - 83
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-656-7_8
DO  - 10.2991/978-94-6463-656-7_8
ID  - Liu2025
ER  -