The core to fueling any developed country’s economy is electricity and as a result, great attention must be given to the fastest growing and second largest economy in the world. Russell Pittman and Dr. Vanessa Yanhua Zhang, Principal at Global Economics Group, address this important global issue by presenting a close examination of the electrical markets in China. In Electricity Restructuring In China: How Competitive Will Generation Markets Be? (The Singapore Economic Review, Vol. 55, No. 2, 2010), the authors find that because of both political and economic realities, it may be a long time before the Chinese government allows completely free wholesale electricity prices in China.
Electricity Restructuring In China: How Competitive Will Generation Markets Be?
By Vanessa Yanhua Zhang on March 17, 2011