Research On Coal-Electricity Linkage Price Regulation Policies In China’s Electric Power Industry

Along with the economy of China has been rapid development, in much starker choices-and graver consequences-in, the start of the implementation of China’s reform into difficult period key, the electric power industry as a traditional natural monopoly industry in China, the regulatory reform is imperative. Coal prices as the cost of the electric power industry is the most important, the change of the price has close relationship with the stability of the electric power industry and the economic development of our country, the government’s regulatory reform of coal and electricity price linkage is the key to the marketization of electric power industry in China.This article want to seek the reason that why coal and electricity has contradiction by analyze the coal and electricity price policy in recent years. From coal, the nature of the electric power enterprise and the reform of price policy and other aspects, draw lessons from foreign experience, combined with the actual situation of our country, from the perspective of economics of regulation, give some suggestions on coal prices. First, choose the price regulation model based on coal-electricity linkage, taking the coal-electricity linkage, electric power quality, power demand change, and environmental factors into consideration, combined with China’s specific national conditions set reasonable price regulation model; Second, the coal market will continue to deepen the reform, play a decisive role, let the market price at the same time to avoid the risks of coal price volatility; Again, the government in power market must deregulate, the electric power market need to be marketization gradually, points link regulation, have the competitive part to increase competing, reduce the barriers to entry, set scientist price regulation model in the natural monopoly link; Finally, to improve the information feedback mechanism, to avoid the electric power enterprise in the reported cost of moral hazard, inflate costs, and set up the performance evaluation with characteristics of incentive mechanism and the social hearing system, supervise the electric power enterprise and regulatory organizations for the electric power enterprise cost and regulation effect of run in the sun.Released in China since 2015 electric power reform measures and suggestions, means that our country electric power industry is undergoing a great change, the sensitive and crucial period of reform, how to balance the relationship between the market and the government, is the key factor that need the regulatory organizations to grasp. The electric power industry will gradually shift to a new system, in the moment of transition and transition period, inevitably requires the government to adjust electricity regulation. Therefore, this article also tries to through the above analysis system, for our country’s coal and electricity price regulation reform, puts forward some theoretical guidance and policy recommendations.