Analysis on Construction and Development of Hubei Electricity Sale Market

Due to the lack of competition and unbalanced demand supply situation in current electricity market, deregulating electricity sale market has become the core of new electricity reform. The electricity market pattern of multi-buyer-multi-seller will be formed by opening up electricity sale market. In this paper, the construction and development of Hubei electricity sale market is introduced in detail. The first batch of electricity sale companies in Hubei Province is analyzed. The development stage of electricity sale market in Hubei Province is studied, including primary stage, growth stage and mature stage. The situation and suggestions of each stage are analyzed. The business development of electricity sale market in Hubei Province is proposed. The research results can provide a reference for other provinces in China to carry out electricity sale market reform.