Review on Distribution Company Regulation in Power Market Environment

Yi LUO; Dong HUA; Haoyong CHEN

doi:10.13648/j.cnki.issn1674-0629.2015.08.004

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South Power Sys Technol ›› 2015, Vol. 9 ›› Issue (8) : 19-26. DOI: 10.13648/j.cnki.issn1674-0629.2015.08.004

Electric Power System Reform

Review on Distribution Company Regulation in Power Market Environment

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Abstract

In power market environment, the competition mechanism has been extended to the distribution side. Distribution company regulation methods for market competition have become important research the topics of power market reform. In this paper, the methods of distribution regulation the power market environment, involving the traditional rate-of-return regulation method, the revenue-cap regulation method, the price-cap regulation method, the yardstick competition regulation method and the quality regulation method, together with their advantages and disadvantages are summarized. Finally, the experiences of distribution company regulation in the world are discussed, which provides a good reference for the adjustment of regulatory approach and the establishment of a modern electricity regulatory system in our country.

Key words

electricity market / distribution company regulation / rate-of-return regulation / revenue-cap regulation / price-cap regulation / yardstick competition regulation / quality regulation

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Yi LUO , Dong HUA , Haoyong CHEN. Review on Distribution Company Regulation in Power Market Environment[J]. Southern Power System Technology. 2015, 9(8): 19-26 https://doi.org/10.13648/j.cnki.issn1674-0629.2015.08.004

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