Book contents
- Policy, Regulation, and Innovation in China’s Electricity and Telecom Industries
- Policy, Regulation, and Innovation in China’s Electricity and Telecom Industries
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Abbreviations
- Map of China
- 1 Policy, Regulation, and Innovation in China’s Electricity and Telecom Industries
- 2 China’s Electricity and Communications Regulation in Global Context
- 3 Local Government and Firm Innovation in China’s Clean Energy Sector
- 4 Technology Integration in China’s Electricity System: Central Targets and Local Challenges
- 5 When Global Technology Meets Local Standards
- 6 The Search for High Power in China: State Grid Corporation of China
- 7 Growth, Upgrading, and Limited Catch-Up in China’s Semiconductor Industry
- 8 Growth, Upgrading, and Excess Cost in China’s Electric Power Sector
- 9 China’s Development of Wind and Solar Power
- 10 Capability Upgrading and Catch-Up in Civil Nuclear Power: The Case of China
- Index
- References
8 - Growth, Upgrading, and Excess Cost in China’s Electric Power Sector
Published online by Cambridge University Press: 08 June 2019
- Policy, Regulation, and Innovation in China’s Electricity and Telecom Industries
- Policy, Regulation, and Innovation in China’s Electricity and Telecom Industries
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Abbreviations
- Map of China
- 1 Policy, Regulation, and Innovation in China’s Electricity and Telecom Industries
- 2 China’s Electricity and Communications Regulation in Global Context
- 3 Local Government and Firm Innovation in China’s Clean Energy Sector
- 4 Technology Integration in China’s Electricity System: Central Targets and Local Challenges
- 5 When Global Technology Meets Local Standards
- 6 The Search for High Power in China: State Grid Corporation of China
- 7 Growth, Upgrading, and Limited Catch-Up in China’s Semiconductor Industry
- 8 Growth, Upgrading, and Excess Cost in China’s Electric Power Sector
- 9 China’s Development of Wind and Solar Power
- 10 Capability Upgrading and Catch-Up in Civil Nuclear Power: The Case of China
- Index
- References
Summary
China’s electricity industry has recorded immense achievements in many areas: growth, technical upgrading and innovation, improved reliability, and universal service. This record of excellence coexists with massive inefficiency. Despite multiple cost advantages, the unit cost of producing, transmitting and delivering electricity is at least 30 percent higher in China than in the United States. Latent potential for cost reduction clusters in coal-fired generation that supplies about two-thirds of total output. New reforms that deepen the influence of market forces will strengthen financial pressures and thus increase the likelihood of achieving potential cost reductions, perhaps increasing the output and share of coal-fired thermal plants.
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- Publisher: Cambridge University PressPrint publication year: 2019
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