Further to a joint report by the AfDB and APUA, which reviewed experiences of Africa’s power industry reform and recommendations for the future, it is opportune to reflect on China’s power industry reform to present a new perspective for consideration. According to the decree, SPCC split into five power generation companies and two power grid companies, and a competitive power market began to take shape. The restructuring process focused on the market share of power generation companies in the regional power market. Since its reform, China’s power grid has become the world’s largest and safest AC/DC hybrid grid. Four positive effects of the reformSince the implementation of the reform, China’s power industry has achieved remarkable results in several aspects.

Source: The North Africa Journal July 30, 2020 12:00 UTC