Dear Working Group members,
The European Union Chamber of Commerce in China would like to invite you to join the next Energy Working Group meeting. This will take place on Tuesday 6 December 2016, 9:30-11:30 h at the European Chamber Beijing office. Members in Shanghai will join this meeting via videoconference.
In November, 2015, China released documents on electricity sector reforms covering everything from pricing to setting up a national electricity futures market.The new pricing system, which was piloted in Shenzhen and Inner Mongolia early this year, will be expanded to Anhui, Hubei, Yunnan, and Guizhou provinces and Ningxia Hui autonomous region, according to one of the six documents jointly published by the National Energy Administration (NEA) and the National Development and Reform Commission (NDRC), China's top economic planner. The new pricing system aims to benefit power users, set up a cost-saving mechanism for power grid enterprises and promote the marketization of electricity.
China will establish electricity trading bodies that are "relatively independent" to promote interprovincial trade. Authorities will explore the possibility of a unified national electricity futures and derivatives market. At the same time, power users who "meet the requirement for market access" can directly buy from power generation companies.
In other words, China will gradually scrap government control of on-grid prices in areas with a mature electricity market, letting the market and consumers set the price.
The meaning of this reform and relative proposals will be elaborated by the speakers. The European Chamber is delighted to have Mr. Kang Xiaowen, research fellow of Energy Research Institute (ERI), Mr. Zhang Libin, invited professor of energy law & policy institute, Peking University to discuss the reform of electricity sector in China.
Agenda:
9:30 – 9:50, Presentation on China’s efforts to reform its electricity sector by Mr. Kang Xiaowen, research fellow of Energy Research Institute (ERI)
9:50 – 10:10, Presentation on latest legislative developments in the energy sector (electricity sector) in China by Mr. Zhang Libin, invited professor of energy law & policy institute, Peking University
10:10 – 11:00, Q&A session
11:00-11:30, Updates on the Energy WG activities
About the speakers:
- Mr. Kang Xiaowen is a research fellow of Energy Research Institute, (NDRC) on electric power and energy policy analysis from 2010. He completed his studies at Tsinghua University and got his PhD in “Nuclear science and technology” in 2010.
- Ms. Zhang Libin has a JD from the University of Texas at Austin. He is an Attorney at Law, Licensed in PRC and the State of New York and a visiting professor of energy law & policy at Peking University.
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