Financial Risk Of State Grid Under The Background Of New Electricity Reform Identification And Control Research

With today’s social and economic sustainable development,market competition is becoming increasingly fierce,the uncertainty of enterprise management is becoming more and more big,the enterprise into the possibility of financial risk is more and more big,but the interests of the enterprise in the pursuit of must undertake corresponding financial risk at the same time,in order to ensure the long-term stability of the enterprise,actively identify risks and take appropriate measures to control these risks is critical.Electric power is a basic industry that concerns people’s livelihood.The economic stability of electric power companies plays an important role in the economic development of a country or region.After the founding of the People’s Republic of China in 1949,the management system of the electric power industry experienced many changes,such as the ministry of fuel industry,the ministry of electric power industry,the ministry of water and electricity,the ministry of energy,etc.,until 1993,the ministry of electric power industry was formally established.In 1997,the state electric power company was established.The company and the ministry of electric power industry operated in the way of "two brands and one team".The circular of the state council on printing and distributing the reform plan of the electric power system(guo fa [2002] no.5),issued in 2002,marked the beginning of the reform of the electric power system.In 2015,issued the several opinions on further deepening the reform of electric power system(found [2015] 9),the file clearly put forward expanding distribution electricity price reform pilot area,the increment distribution release,the electric power market construction,formed relatively independent trading firms and other major reform issues,first to pilot again gradually away,this marks a new electric change began.In the new round of electricity market reform,the state grid has been greatly impacted in both the power generation side and the power sale side,and is facing the competition with private enterprises in the planning and construction of the distribution network.Since2016,China has gradually increased the generation of photovoltaic,wind power,biomass and other clean energy,and vigorously promoted the mixed ownership reform of the five power generation groups.This model can improve the efficiency of the power generation side,so as to attract more private investment and realize full competition of the power generation side.In addition,the opening up of the selling electricity side market,theestablishment of a large number of selling electricity companies and their active participation in the electricity market transactions,the establishment of the spot electricity market and the auxiliary service market make the selling electricity environment no longer simple.Freeing up investment in incremental distribution also puts pressure on the grid to focus more on cost savings and investment regulation.Therefore,state grid corporation of China should give full play to its own advantages,strengthen the risk awareness of financial managers,identify various uncertain financial risks,and take timely control measures to turn risks and challenges into benefits and opportunities.Studied in this paper,through the following six parts,specific as follows: the first part is introduction,briefly illustrates the research background and significance,after the study of literature at home and abroad for carding analysis and generalization,classify the overview of financial risk at home and abroad and the current status of research,research ideas,methods and routes;The second part mainly defines the concept of enterprise financial risk identification and control,summarizes the types,causes and control methods of financial risk,and prepares for the next step of specific analysis.The third part mainly analyzes the basic situation of state grid under the background of the new electricity reform,emphatically introduces the main business and characteristics of state grid,and expounds the current financial risk identification methods and control measures of state grid.The fourth part of the new electric grid under the background of financial risk identification,first through the efficacy coefficient method to determine the state grid corporation financial risk evaluation results,and then combined with the financial risk of the financial index analysis method validation has determined the evaluation results whether there is any error,specific financial risk identification of national power grid,in addition,the use of qualitative analysis method to identify the external factors on the influence of financial risk,and finally,summed up the state grid comprehensive evaluation index of financial risk identification,and analyzes the financial risk of the 2018;The fifth part mainly puts forward the corresponding control strategy based on the results of the financial risk identification of the state grid under the background of the new electricity reform.Finally,based on the empirical results,the main conclusions of this paper are presented,and the prospect is put forward.