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Electricity Regulatory Agencies And Legal Measures

Posted on:2009-01-26Degree:MasterType:Thesis
Country:ChinaCandidate:L S FuFull Text:PDF
GTID:2206360248951206Subject:Economic Law
Abstract/Summary:PDF Full Text Request
As one of the most important infrastructures, electricity industry plays an important role in national economic development. The electricity industry used to be an important object regulated by the government, due to its technical and economic features. Many governments implemented strict regulation in electricity industry by vertical monopoly. To the 1970s, along with the theory of regulation failure and the inefficiency under long-term strict regulation, the western countries started to relax regulation in electricity industry. Since the 1950s, China's electricity industry has developed from state-owned monopoly enterprises to new market-oriented reform. Overall, China's electricity industry developed rapidly, and has made tremendous achievements. The country has basically achieved the balance between electricity supply and demand. However, with the process of electricity reform, the traditional electricity regulation system gradually exposes many defects. The electricity shortage in recent years due to the relative scarcity of energy, once again reminded the government and the society how to learn from foreign advanced experience of the reform of the electricity and combine China's situation, establish an effective regulation system for the electricity power industry is a great task. During the electricity regulation system building process, the establishment of the electricity regulatory institution is one of the most important parts. How to find current electricity regulatory institution's problems and improve them is very important for the construction of the electricity regulation system and the healthy development of the electricity industry.In this paper, the basic concepts related to the electricity regulatory institution were introduced, and the changes of the status of electricity regulatory institution were summarized, and put forward that the construction of electricity regulatory institution should reflect the concepts of rule of law and appropriate regulation, the government should adopt reasonable regulatory measures for different joints, and emphasize that regulation and constraint for the electricity regulatory institution, in order to maximize the role of market mechanism and the fair use of power resources. This paper learns from the United Kingdom and the United States which have similar electricity regulation system with China through method of comparative study, focus on China's electricity regulatory institution's history and present situation, finds some outstanding problems. This paper through the regulatory experience from foreign electricity regulation system, base on the fully analysis in China's electricity regulatory institution, tries to put forward some legal countermeasures.This paper is divided into four parts. In the first part, the definition and relevant theory of electricity regulation and electricity regulatory institution are reviewed. And the core elements of the electricity regulatory institution are briefly introduced. In this part, a theoretical framework which will help to find out and solve the problems existing in the present electricity regulatory institution was established. According to the relevant theory of economics and law, the electricity regulatory institution's position in history is summarized and then come to the conclusion that the fundamental concept of setting up an electricity regulatory institution is ruling by law and appropriate regulation which will offer us the right direction and value to perfect the present electricity regulatory institution. The second part is the investigation of electricity regulatory institution in some other countries. In this part, the electricity reform in Britain and American are investigated as the former is the most successful one at the present while the latter one has some valuable experience which is similar to China's. Through analyzing the status in law, jurisdiction, executive mechanism and regulation and constraint system of those two countries, a conclusion is obtained that the dependent status in law and democratic policy are very important to guarantee the electricity regulation being carried out successfully. The third part is the historical evolution of China's electricity regulatory institution and outstanding problems in reality. Some key factors in the present problems were figured out. In this part, after deeply analyzing current condition from status of institution, regulatory functions, mechanism for the implementation of the electricity regulation, regulation and constraint system, four aspects of factors were summarized. These factors will directly affect whether we can get a great achievement in electricity regulation. The forth part is the legal countermeasures to solve the current problems. The legal countermeasures consist of: promoting the development of democracy and setting up a legal foundation for electricity regulatory institution; revise Electric Power Law; realize the separation of property relation between the government and the corporation which is regulated; establish special judicial organization to judge the disputes on regulation and establish a regulation adjudication organization to improve the ability of supervising.
Keywords/Search Tags:electricity regulation, electricity regulatory institution, appropriate regulation
PDF Full Text Request
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