Research Article
Heterogeneous Impact on the Industries of Each Province within the Yangtze River Delta Region of China under Regional Electricity Market Integration Background
@INPROCEEDINGS{10.4108/eai.8-12-2023.2344462, author={Xiaozhe Yin and Huan Niu and Zhong Wang}, title={Heterogeneous Impact on the Industries of Each Province within the Yangtze River Delta Region of China under Regional Electricity Market Integration Background}, proceedings={Proceedings of the 5th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2023, December 8--10, 2023, Guangzhou, China}, publisher={EAI}, proceedings_a={MSIEID}, year={2024}, month={4}, keywords={electricity market; electricity price; yangtze river delta}, doi={10.4108/eai.8-12-2023.2344462} }- Xiaozhe Yin
Huan Niu
Zhong Wang
Year: 2024
Heterogeneous Impact on the Industries of Each Province within the Yangtze River Delta Region of China under Regional Electricity Market Integration Background
MSIEID
EAI
DOI: 10.4108/eai.8-12-2023.2344462
Abstract
The electricity price in each province is different in the Yangtze River Delta (YRD) region of China. Once the regional electricity was integrated in YRD Region, the electricity price would converge to the same level. That will in turn have different impact on the industries of each province in YRD region. This paper simulated what would happen to each industry in YRD region. By constructing the indicator of electricity output value elasticity, the results show Shanghai’s industries has a lower impact than Zhejiang Province, Jiangsu Province, and Anhui Province, while Anhui Province has the highest impact in most of the industries, and Zhejiang Province and Jiangsu Province are in the middle of the range. It shows that the more developed the economy, the lower impact. So policymakers should be cautious on establish regional electricity market. Specific policy should be adopted to balance the interest of rich province and poor province.