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Electricity pricing :|bcase of Central China Power System | |
Author | Shen, Ping |
Call Number | AIT Thesis no.ET-93-6 |
Subject(s) | Electric utilities--China--Costs |
Note | A thesis submitted in paitial fulfillment of the requirement for the degree of Master of Engiqeering. |
Publisher | Asian Institute of Technology |
Series Statement | Thesis ; no. ET-93-6 |
Abstract | In China, existing tariff does not adequately reflect either the cost level or the structure of power supply. Current tariff structure is series distortion. For consumers who avoid peak time consumption enjoy less subsidies which discourages users to avoid peak time consumption. Presently, China is going to carry out electricity price reform in order to achieve efficient utilization of electricity and to eliminate the price distortion. Tariff design is the first initiative for price reform. This study designs LRMC-based tariff which explicitly addresses the efficiency criteria and guaranty fair treatment to consumers with comparable consumption patterns. It advocates a new tariff structure which eliminates those discriminates by taking into account the load characteristics of consumers and various voltage levels and by designing TOU tariff. It also takes into account the welfare of low income consumers. The suggested tariff produce revenues large enough to meet the financial requirement of utilities such as CCEPA. Target tariffs design is on the basis of marginal capacity and energy costs. A generation expansion optimization model (WASP_III) is used to get the least-cost generation expansion plan which offers a basic condition to calculate marginal capacity costs. Marginal energy costs are obtained by using ELFIN, a generation production simulation and financial analysis model. Peak responsibility method based on curtailment probability is used to allocate marginal capacity cost by time, which is more economic than the traditional peak responsibility methods. |
Year | 1993 |
Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. ET-93-6 |
Type | Thesis |
School | School of Environment, Resources, and Development (SERD) |
Department | Department of Energy and Climate Change (Former title: Department of Energy, Environment, and Climate Change (DEECC)) |
Academic Program/FoS | Energy Technology (ET) |
Chairperson(s) | Shrestha, Ram. M. |
Examination Committee(s) | Lefevre, T.;Tang, John. C. S. |
Scholarship Donor(s) | Government of France. |
Degree | Thesis (M. Eng.) - Asian Institute of Technology, 1993 |