The hottest power sales side reform opens the door

Electricity sales side reform opens the door to the trillion market

Abstract: at present, some companies engaged in power transmission and distribution business are in intensive contact with the national energy administration and local power, and some employees of local power companies have also begun to take action, and some even set up new companies, ready to grab a share of the electricity sales industry after the launch of a new round of electricity reform in China

a few days ago, the national development and Reform Commission and the national energy administration revealed at a briefing on electricity reform that the pilot reform of the power system has covered all provinces (autonomous regions and municipalities) except Tibet, forming a pattern of comprehensive pilot and multi-mode exploration. Among them, the verification of the third batch of 14 provincial power transmission and distribution tariffs has been basically completed, and will be announced to the public by the provincial price authorities in the near future, which means that the reform of transmission and distribution tariffs will achieve full coverage of provincial power. On this basis, "halbl nder said that in the second half of the year, the power reform will be carried out comprehensively from point to area, ushering in the second round of outbreak

from March 2015 to the present, the new power reform plan has been introduced for more than two years. From local pilot to comprehensive promotion, the reform process of the new power reform has exceeded market expectations. Previously, the national development and Reform Commission and the energy administration once again stressed the need to continue to speed up the announcement and deployment of the new power reform. Relevant analysts said that driven by multiple factors such as power supply side reform and the release of power reform dividends, power reform will enter the second round of outbreak in 2017. At present, all provinces are accelerating the layout of the power sales market, and more than a thousand power sales companies are eager to try to tap the trillion yuan power sales market. The industry believes that the power sales market will continue to be hot in 2017, and power sales companies are expected to continue to share the reform dividends

a new round of power system reform, which was restarted after 13 years of delay two years ago, is advancing towards the core area. The CPC Central Committee and the State Council previously issued several opinions on further deepening the reform of the electric power system (below) × 5 referred to as "several opinions"), which means that the curtain of a new round of power reform has opened. Despite the twists and turns of the process and the inconclusive evaluation, in any case, the electricity reform has finally started again. More importantly, the spirit of "landing" contained in the new scheme and the color of all users' participation determine its differences from previous reforms. In this sense, the new power reform is still worth looking forward to

the new power reform plan is issued by the top leadership of the central government after the State Council issued document No. 5 in 2002, which starts a new round of power system reform. The key points of the new power reform plan are "four liberalization, one independence and one strengthening", that is, the liberalization of operational electricity prices other than transmission and distribution, the liberalization of power sales business, the liberalization of incremental distribution business, the liberalization of power generation and supply plans other than public welfare and regulatory, the independence of trading platforms, and the strengthening of planning. Compared with the "No. 5 document" 12 years ago, the strength of this round of power reform is much inferior. Insiders close to the formulation process of the power reform plan said that from the current point of view, the new power reform plans are all principled, and the specific implementation of plastic tension machine is not much involved, so it must be accompanied by implementation rules, otherwise it is difficult to promote

the reform of China's power system began in the 1920s, and the goal is to gradually deepen the direction of separating government from enterprises, separating government from supervision, separating factories, and separating main and auxiliary power. As early as 2002, the State Council issued the "power system reform plan" with "GF [2002] No. 5 document", proposing the reform direction of the power industry of "separation of government and enterprises, separation of plants, separation of main and auxiliary, separation of transmission and distribution, and bidding", which requires breaking monopoly, introducing competition, and establishing a socialist power market economic system. In order to implement these five goals, the State Council issued document No. 19 in 2007, ordering all ministries and commissions to focus on promoting power reform. In order to achieve the reform objectives and meet the needs of formulating and implementing the plan, a series of reform measures, such as "the plant branch cannot switch between crosslinking and de crosslinking, and the separation of main and auxiliary" have formed a relatively independent economic management and operation system among all links of the power industry. This "segmentation" with obvious planned economy color is one of the key reasons for not completing the task of power reform in 2002 as scheduled, while the "point reform" idea derived from the "segmentation" makes the current power reform stagnate or even regress

the "new power reform plan" clearly proposes to gradually open the incremental distribution investment business to qualified market entities and encourage the reform of distribution business in the form of mixed ownership. In order to break the dilemma faced by the power reform, we must get rid of the shackles and carry out an all-round reform that takes into account all aspects of the power industry. On the one hand, we should clarify the reform objectives and form a new top-level design mechanism. It can not only avoid the one sidedness of the reform under the traditional mode, but also clarify the reform objectives and make the reform plan more targeted. On the other hand, a scientific and reasonable comprehensive reform plan should be formed from the overall situation. The power system has the physical characteristics of instantaneous completion and instantaneous balance of the four parts of "generation, transmission and distribution". The reform of the power system should achieve the overall optimization of these four links, with the overall optimization of the whole industry as the main goal, so as to make the reform policy more compatible and applicable; In addition, the reform ideas should be updated to adapt to the internal and external environment of the current reform. The actual environment of China's power reform has been very different from that in 2002. Under the current situation of loose supply and demand in the power market, with the definition of transmission and distribution prices and the formation of a competitive power market, the average electricity price of the whole society may decline. However, with the recovery of economy and the increase of power demand in the later stage, the electricity price will rise. The greater pressure of the new electricity price reform lies in the power consumption field of urban and rural residents. How to effectively verify the cross subsidies required for this universal service and how to share the costs among users are all issues that need to be solved

it is noteworthy that the "new power reform plan" clearly proposes to orderly promote the reform of the power selling side market, allow qualified high-tech industrial zones or economic development zones to establish independent power selling entities to purchase electricity directly, allow social capital to invest in the establishment of independent power selling enterprises, meet the conditions of power generation enterprises to invest and establish power selling companies to enter the power selling market, and allow users or microsystems with distributed power sources to participate in power transactions, Encourage public service industries such as water supply, gas supply and heat supply and energy-saving service companies to engage in electricity sales business. Although the specific details of the liberalization of the power sales side have yet to be clarified, investors' imagination has long been opened. The industry generally believes that the total revenue after the opening of the power selling side market is trillion, and the net profit will be 100 billion, so the market space is huge. At present, some companies engaged in power transmission and distribution business are in intensive contact with the national energy administration and local power, and some employees of local power companies have also begun to take action, and some even set up new companies to grab a share of the power sales industry after the launch of a new round of power reform in China