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Recommends ways for shrewdpermanent grid development
Important advent for traders within the box of clever grid in China
Improves the certainty of the interdependencies of regulatory policies
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The study’s options describe institutional parts within the context of electrical energy area rules and has the target to extend the knowledge of the interdependencies of the institutional parts. In destiny paintings, the learn effects should be hired for designing very particular regulatory rules. The thoughts built during this learn concentration totally on the regulatory framework for clever grids and incorporates a fairly precise description of the way the German electrical energy markets developed. It additionally specializes in the consequences of ambitiously increasing new release capacities of renewable strength resources (RES) on demonstrated electrical energy markets. The provided facts will offer insights on how the regulatory framework in China might be designed to foster clever grids advancements within the context of building electrical energy markets and increasing RES new release capacities.
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Extra resources for Regulatory Pathways For Smart Grid Development in China
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Establishing network regulation for transmission and distribution grid operators which incentivizes them to invest in smart grid technologies. Promoting a non-discriminatory and technology-neutral management of and access to power system data to enable companies to develop innovative business models making use of this data. Partial government funding of R&D to increase the maturity level of smart grid technologies. Supporting smart grid-related standardization, defining technical guidelines and regulations to reduce the costs for deployment and integration of different smart grid components by ensuring interoperability.
The targets are backed up by comprehensive plans featuring numerous measures to facilitate increased energy efficiency and reduced emissions across different sectors. One of these efforts is the Small Plant Closure Program established in the 11th Five-Year Plan. It focused on closing down small and inefficient power plants and replacing them with larger state-of-the-art facilities. In the period from 2006 to 2010, more than 70 GW of coal-fired power generation capacity was shut down in the context of this program [5].
Rather, they evolve from conventional power grids which are upgraded with different kinds of innovative technologies and components. These technologies and components will be deployed at different periods in time depending on commercial attractiveness, compatibility with existing technologies, regulatory policies, and 14 Chapter 2 • Conceptual framework and background 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 .. 3 Development of smarter power systems (© OECD/ IEA [8]) investment frameworks.