A Study On The Enterprise Investment Of Electricity Generation Under Price Regulation And Supervision Proposals

Deregulation and Separated is the core of China's power industry restructuring program, The micro-power industry market structure and management system has undergone profound changes in the initial implementation of the reform policy. The mixture of competition and monopoly industrial struc-ture of the electricity market further increase the risk of non-controllable and the non-rational expectations, weakened the power generation business investment incentive and restraint mechanisms. In traditional cost-plus method of price regulation system, China's power generation investment assets is in "lack of electricity-building-the excess-reduce-lack". a state of disequilibrium developm-ent. For the special nature of the industrial economy and the special responsibility and strategic task, so the price regulation policy of the the power system will affect the power generation side of electricity market competition and the development of power grids in the design of access policies, Has a great significance for China's power system. This paper draw on two main regulatory tool of Western developed countries current price regulations of electric power industry to analysis, For providing a reference to reform and improve China's power industry policy of price regulation and supervision policies,the theoretical and practical value is very significance. In this paper, focusing on two types of price regulation system and it's characteristics, the limitations and scope of it's application,to clarify price regulation's impact on investment in power generation and the problems being, the corresponding measures and supervision, in which the key issues include: (1)The impact of specific regulatory tool on power generation enterprises investment, The guidance mechanism of specific regulatory tool for investment, Strategic investment behavior of power enterprises under the Price regulation, Constructe the model of price regulation system suited to China's power generation side of opening and sales are not liberalized electricity market; (2)The access regulation and it's impact on China's power generation assets,The power generation investment behavior under the double impact of price regulation and access regulation; (3)The effect of price regulation lag on power generation enterprises investment, Enterprises strategic investment behavior under the lagged effects; (4) Price regulation credit's impact on power generation enterprises investment, The behavior of investment in credit of regulation, The capacity investment of power generation enterprises under the Game analysis in price regulation credit, Policy Proposals of incentive mechanism design of regulation of credit; (5) In the new concept of energy, How to rationally incentives and supervise generation business investment to ensure industrial safety, energy security. Analysis Britain and United States price regulation reform and practice, According to the neo-classical contract features of price regulation and investments behavior of power generation enterprises, From the angles of price regulation incentive and restraint mechanisms, implementation procedures, regulatory implementation of discretion and other specific executable aspect to make policy proposals for the supervision of enterprises investment, To regulate the behavior of enterprises investment, To reasonable arrangement power generation assets structure based on security of energy, Protect the interests of investors and consumers, Deal with the balance of interests,To create a favorable business and investment environment of institutional mechanisms for our country's power generation assets.