New reforms planned for China’s state-run electricity grid could shake up the energy industry by introducing more competition, The Wall Street Journal reported, citing a plan released by the National Development and Reform Commission and the National Energy administration. The plan calls for more direct pricing negotiations between power firms and major electricity consumers and for opening up local power-distribution markets to private players–in many ways similar to reforms seen to date in China’s natural-gas market, where private companies compete for local distribution while long-distance pipelines remain under the control of state-owned firms.
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