When the global electricity industry has reorganized the
structure and introduced competitive market mechanism world widely, China is no
exception. Since 2002, “Electricity System Reform Program” was
enacted. The mode of the State Power Corporation was divided. It means
China's electricity market steps into the mode of Wholesale Competition. The
meaning of the evaluation of power plant investment decision is to provide
references for the market members when they made the decisions through the
comprehensive evaluation of internal performance of Power Plant and the
external investment environment, therefore further optimizing the allocation of
funds, avoiding the risks, pursuing maximize of the profits.
G. N. Liu, X. Q. Chen, G. Y. He and S. X. Zhou. “The Principle of the Evaluation Index System of Electricity Market and Build,” Automation of Electric Power Systems Press, Vol. 29, No. 23, 2005, pp. 2-9.
G. N. Liu, R. Q. Li, X. Q. Chen, G. Y. He and S. X. Zhou, “Electricity Market Regulatory Indicators and Market Rating System,” Automation of Electric Power Systems Press, Vol. 28, No. 9, 2004, pp. 16-22.