Overview of the Chinese Electricity Industry and Its Current Issues
In China, many ongoing problems in the electricity sector can be traced back to the old ‘centrally planned’ economy. Since the start of liberalization in the 1980s, the clash between a liberalized economy (excluding a few so-called strategic industries) and a centrally controlled electricity industr...
In this article we examine the effects of undesirable outputs on the Malmquist TFP indices. Our empirical work uses an unbalanced panel which covers 796 utility and non-utility coal-fired power plants in China during 1996-2002. In order to meet the requirement of a balanced panel for calculating the...
There are two difficulties in doing an objective evaluation of the performance of decision-making units (DMUs). The first one is how to treat undesirable outputs jointly produced with the desirable outputs, and the second one is how to treat uncontrollable variables, which often capture the impact o...
Alpha-stable statistical modeling and application of marginal price in electricity market
In the electricity market, modeling marginal price facilitates to solve many problems in it. To model the probability density function (PDF) of system marginal price (SMP) in the spot market, positivism analysis on SMP PDF is presented in this paper. In contract to the weakness of some traditional p...
Chinese steel industry is one of the energy intensive industries in China. Coal and electricityare the two main energy sources for steel making. Steel industry in China is experiencing itstransition period because of economy transition during the industrialization period. Steeldemand has increase...
Chinese steel industry is one of the energy intensive industries in China. Coal and electricity are the two main energy sources for steel making. Steel industry in China is experiencing its transition period because of economy transition during the industrialization period. Steel demand has increase...