China’s Power Sector Reforms

Description

With the fastest growing energy demand in the world, China is now the largest electricity consumer after the United States. In 2005, China added the equivalent of all the power plants in Norway and Sweden to its electricity generating capacity - and its remarkable demand growth shows no sign of abating. To continue to build its booming economy, the country must keep its lights on and its factories, buildings and trains operating. No one questions China's ability or determination to do this. But how can the government best assure affordable and environmentally sustainable electricity supply in.  Read more... TABLE OF CONTENTS INTRODUCTION KEY MESSAGES EXECUTIVE SUMMARY RECOMMENDATIONS I. THE STARTING POINT MAIN FEATURES OF CHINA'S POWER SECTOR THE GOVERNANCE AND INSTITUTIONAL FRAMEWORK PERFORMANCE II. NEXT STEPS SETTING, COMMUNICATING AND IMPLEMENTING A CLEAR STRATEGY STRENGTHENING INSTITUTIONAL CAPACITIES PROMOTING ENVIRONMENTAL GOALS: TACKLING COAL POLLUTION TOWARDS MORE EFFICIENT PRICING AND INVESTMENT MANAGING DEMAND TOWARDS EFFECTIVE MARKETS: ACTIONS FOR THE NEAR TERM TOWARDS EFFECTIVE MARKETS: CONSIDERATIONS FOR THE LONGERTERM CONCLUDING REMARKS ABBREVIATIONS BIBLIOGRAPHY