RMI - China Power Outlook, 2023

The 2023 China Power Outlook report is a comprehensive analysis of the power market in China, providing insights into recent developments and an outlook for the next one to three years. The report highlights that China's power market reform is forging ahead amid a global energy crisis and daunting challenges. The goal is to finalize a unified national power market system by 2030 that fits the New Power System. The report examines electricity pricing mechanisms suitable for China and the growth of zero-carbon generation. It also provides a comprehensive suite of analyses of specific conditions and challenges faced by the power industry. The various sections of the report analyze the power market's components, including the electricity market, ancillary services market, capacity market, and transmission and distribution (T&D) pricing. The report provides an outlook on power marketization in the next one to three years, including an analysis of the trends in power market reform. The report aims to provide readers who are interested in China's power marketization process with comprehensive and in-depth insights while supporting the development of the power market and the New Power System. Overall, the 2023 China Power Outlook report is a valuable resource for businesses and policymakers in the energy sector, providing key insights into the latest developments and trends in China's power market.