A Study on Key Issues of Promoting Sustainable Development of Regulatory Business in Power Grid Enterprises

At present, China’s economic development keeps a steady recovery trend, with its endogenous power constantly increasing. However, due to the global pandemic situation as well as international political, economic, and other factors, the foundation of sustained economic recovery is still not solid, and the contradiction between the high-intensity development investment, the rigid cost growth, and the slowing electricity growth, difficulty of the benefit growth is increasingly prominent. Particularly, with the deepening of the power reform, the profit model of power grid enterprises has undergone significant changes. Various price cuts and fee reductions have caused the company’s profit margin to be squeezed continuously, which puts forward urgent requirements for the sustainable development of the regulatory business in power grid enterprises. This paper first analyzes the main internal and external situations faced by the company’s regulatory business. Then it puts forward the key measures for optimization and promotion of regulatory business in power grid enterprises from three aspects: enhancing the security capability of power grid, enhancing the service capability of power grid, and improving the operation efficiency of power grid. Finally, it gives conclusions and suggestions.