2007-2008 Annual Report on China Electric Power Market
http://www.chinaccm.com 2008-5-8 16:12
[Key Words]
China Electric Power
Published:
April 2008
Price (USD): $2,000 / Hard Copy
$2,400 /single user PDF licence
Report Highlights
The power industry is the most important basic energy industry of national
economic development. It is the primary infrastructure industry of the national
economy and relates to the national economy and people's livelihood. It is the
key area for priority development in countries national economic development
strategies. Affected by fast economic growth in 2007Q1-Q3, power consumption
grew fast. And the power supply ability was continuously strengthened. The
overall situation of power supply and demand countrywide was eased. In 2007Q4,
there was a slight drop in the power demand. Newly installed generating units
were of a scale comparable to that of the same period of last year. Under the
general situation of basic power supply and demand balance nationwide, river
flow and coal supply factor caused intermittent and local power structural
shortages in certain regions.
China's power industry is changing from a vertically integrated monopolistic
structure to a competitive market structure. The power market is in the making.
The generation link is mainly characterized by diversified investors. A
preliminary pattern of competition has emerged. The power transmission and
supply links are still monopolized by the 2 major companies State Grid
Corporation of China and China Southern Power Grid Corporation. During the
Eleventh Five-Year Plan period, China will greet a new peak of grid building. By
2010, the State Gird will build 4,200KM of AC ultra high voltage transmission
lines in regional grids, while the transformation capacity will reach 39.00
million KVA and the cross-region power transmission capacity will hit 70 million
KVA. As for urban and rural grid building, the 200KV and higher DC and AC
transmission lines will exceed 340,000Km, while the AC transformation capacity
will top 1.3 billion KVA.
In the face of competitions as well as market changes and challenges, the
2007-2008 Annual Report on China's Electric Power Market released by our team
will help enterprises, investors and industry persons to more accurately grasp
the growth pattern and development trend of China's electric power market--
More in-depth and detailed market research data. Based on its in-depth research
on the 5 major generation enterprises and the 2 major grid companies, our team
offers a vivid description of market changes from the aspects of market size,
market structure, regional structure and industry profit level, and specifies
development directions.
More comprehensive and in-depth analysis of enterprise competitions. Based on
its profound understanding of the electric power market, our team sums up
enterprises' performance from such diversified dimensions as competition model,
competition pattern and leading enterprises' competition strategies.
More scientific and comprehensive forecast for future growth. Develop regression
models, carry out expert validation for all key market segments and perform
linkage analysis with related industry links to ensure to present valuable trend
analysis and quantitative forecast results. our team also puts forward pertinent
development strategies and recommendations for the government, enterprises and
investors.
Report Framework
Table of Contents
Main Conclusions
Key Findings
Chapter I Overview of the Global Electric Power Market in
2007
(I) Status of Growth
(II) Basic Characteristics
1. Power system reforms worldwide were characterized by breaking monopoly and
introducing competitions
2. Power technologies developed towards high efficiency and environment-friendly
directions.
3. Small-scale and disparaged generation technologies rose fast.
4. Power security drew wide attention.
(III) Major Countries and Regions
1. The United States
2. The European Union
3. Japan
Chapter II Overview of China's Electric Power Market in
2007
(I) The Growth Environment
1. Fast national economic growth provided powerful support for the growth of the
electric power industry.
2. The policy environment
3. Profits in the electric power industry grew steadily.
(II) Status of Growth
1. Market size
2. Market structure
3. Industry profit level
(III) Characteristics of Growth
1. Power infrastructure continued to gather pace.
2. National power supply and demand were in basic balance.
(IV) Existing Problems
1. The percentage of thermal power is too high and development of hydropower
resources lags behind, resulting in an irrational power structure.
2. Hydropower is more concentrated, while the level of thermal power
concentration continues to drop.
3. Expansion of advantageous thermal power enterprises seriously lags behind,
and much still needs to be done to step up efforts to build advantageous
hydropower enterprises.
4. Problems of structural and regional power surplus and shortage still exist.
(V) Market Segments
1. The thermal power market
2. The hydropower market
3. The nuclear power market
Chapter III Forecast for of China's Electric Power Market,
2008-2010
(I) Influential Factors
1. Policy factors
2. Economic factors
3. Social factors
4. Technological factors
(II) Forecast for Market Growth
1. Forecast for Market Size
2. Forecast for Market Structure
3. Forecast for Market Segments
IV. Trend of China's Electric Power Market, 2008-2010
(I) Trend of Production and Consumption
(II) Trend of Technological Innovations
(III) Trend of Competitions
Chapter V Competitions in of China's Electric Power Market
in 2007
(I) Competition Models
(II) Competition Pattern
1. Overall competition pattern
2. Potential entrants and substituting products
(III) Analysis of Leading Enterprises
1. China Huaneng Group Corporation
2. China Datang Corporation
3. China Huadian Corporation
4. China Guodian Corporation
5、China Power Investment Corporation
6. State Grid of Cooperation of China
7. China Southern Grid Corporation
(IV) Competition Strategies
1. Growth environment for the power industry: opportunities and challenges exist
side by side.
2. Two factors affect power enterprises' competitiveness.
3. Eight major competition strategies improve power enterprises'
competitiveness.
4. Ways in which IT applications improve power enterprises' competitiveness.
Chapter VI User Demand for Electric Power in China
(I) Characteristics of Power Commodities
(II) Price Expectations
1. Guiding thought, objectives and principles of electricity price reforms
2. Electricity pricing mechanisms at various links
3. Current electricity price and expectations
(III) Purchase Channels
(IV) Services Experience
1. Power product services lag behind user demand.
2. Grid building long lags behind power source building.
Chapter VII Recommendations
(I) Recommendations to the Government
1. Establish a resources-saving national economic system, and change the high
energy-consuming and heavy polluting ways of extensive economic growth
2. Solve power structural problems, and increase the percentage of hydropower,
nuclear power and renewable energies
3. Strengthen grid building, and promote the optimum allocation of power
resources nationwide
4. Speed up the separation of power transmission from power distribution and
establish a two-way direct purchase system
5. Reform power operation mechanism and improve power use efficiency
(II) Recommendations to Enterprises
1. Further deepen market-oriented reforms
2. Build up core competitiveness
3. Pay attention to marketing capacity building
4. Take the sustainable development road
(III) Recommendations to Investors
1. The thermal power industry
2. The hydropower industry
3. The nuclear power industry
4. The new energy power generation industry
Forecasting method
Research definitions
Figures
Fig.1 Comparison of Power Development Between Main OECD Member Countries in
2007H1
Fig.2 Degree of Opening of Power Market in 15 EU Countries in 2003 (%)
Fig.3 US Energy Structure in 2006
Fig.4 Forecast for Japan's Power Consumption Structure, 2001-2025
Fig.5 China's GDP Growth Rates, 2002-2007
Fig.6 Profits in China's Power Industry, 2000-2007
Fig.7 GDP VS Power Consumption in China, 2002-2007
Fig.8 Comparison of per capita/Domestic Power Consumption Between China and
Developed Countries
Fig.9 Expected New Installed Generating Capacities in China During the Eleventh
Five-Year Plan Period
Fig.10 Huaneng Group's Percentages by Industry
Fig.11 Huaneng Group s Total Assets Grow Rapidly, 2003-2007
Fig.12 Datang Corporation's Total Assets Grow Rapidly, 2003-2007
Fig.13 Datang Corporation's Power Supply and Coal Consumption Trend
Fig.14 Huadian Corporation's Total Assets Grow Rapidly, 2003-2007
Fig.15 Guodian Corporation's Total Assets Grow Rapidly
Fig.16 China Power Investment Corporation's Total Assets Grow Rapidly
Tables
Table 1 Overview of Power Development in 30 OECD Countries in 2007H1 (Unit:
million KWH)
Table 2 Accumulated Power Output in China, January-August 2007-By Region
Table 3 Comparison of China's Installed Power Generating Capacity Makeup Between
2006 and 2007
Table 4 Comparison of China's Power Output Makeup Between 2006 and 2007
Table 5 State grid's Accumulated Power Supply and Electricity Sales by October
2007-by Region (100 million KWH, %)
Table 6 Electricity Trading Volume in China's Power Market in October 2007 and
Accumulated Electricity Trading Volume
Table 7 State grid Corporation's Power Output in October 2007
Table 8 Accumulated Thermal Power Output in China by August 2007-by Region
(Unit: 100 million KWH)
Table 9 Accumulated Hydropower Output in China by August 2007-by Region (Unit:
100 million KWH)
Table 10 Accumulated Nuclear Power Output in China by August 2007-by Region
(Unit: 100 million KWH)
Table 11 China's Power Consumption Elasticity Coefficient over Past Years
Table 12 Forecast for per Capita Power Demand, 2008-2011
Table 13 Forecast for China's Power Output, 2008-2010
Table 14 Huaneng Group's Growth in the Past Five Years
Table 15 Datang Corporation's Growth in the Past Five Years
Table 16 Huadian Corporation's Growth in the Past Five Years
Table 17 Guodian Corporation's Growth in the Past Five Years
Table 18 China Power Investment Corporation's Growth in the Past Five Years
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