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We examine the challenges and opportunities to introduce emissions trading (ETS) in China’s electricity sector, in which the interaction between ETS and electricity market reform plays a major role. China’s electricity sector is currently in a slow progress towards a more competitive and market-based system. Both equal share dispatching policy and regulated wholesale and retail pricing policies pose...
This paper uses annual urban household survey data of Sichuan Province from 2007 to 2009 to estimate the income and price elasticities of residential electricity demand, along with the effects of lifestyle-related variables. The empirical results show that in the urban area of Sichuan province, the residential electricity demand is price- and income-inelastic, with price and income elasticities ranging...
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