Power markets: Focus on China
The development of China’s market for electricity trading fails to match the country’s rapid economic advancement. Katie Holliday talks to market experts about what it will take to spur China to catch up with the very latest methods of electricity trading and risk management
As the world's second largest energy consumer, the mis-match between China's rapidly advancing economy and the slow development of its centrally controlled electricity trading market is something of a paradox. Despite generating 2,718 billion kilowatt hours (kWh) of electricity in 2006, in the same year, only 6 billion kWh were traded, according to research from UK energy research consultancy Wood
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