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Overall review of China's thermal power development with emphatic analysis on thermal powers' cost and benefit

机译：全面分析中国火电发展状况，着重分析火电的成本和收益

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China's thermal power industry is now facing some new challenges. The slowing down of the macro economy, the surplus added capacity, low generating hours and the cut of feed-in tariff has now made the decision maker of both government and thermal power enterprises look back and rethink the future development of the whole thermal power industry. In this paper, we give an overall review of China's thermal power development based on industry data of the year 2014 and first half year of 2015, followed by a description of the 2015 feed-in tariff adjustment The feed-in tariff averagely decreased by 0.02 Yuan/kWh, subjecting the thermal power enterprises to great income losses. To give a micro review of how the thermal power perform under such circumstances, we also make an emphatic analysis based on the investigated data of six representative thermal power plants. We can see that the unit benefit varied in the range of 0.03-0.08 Yuan/kWh, and this indicator may be even lower in 2015 as the adjustment of feed-in tariff. At the end, we also give some suggestions both for the government and the thermal power entities. (C) 2016 Elsevier Ltd. All rights reserved.
机译：中国的火电行业目前面临一些新的挑战。宏观经济的放慢，产能过剩，发电小时数的降低以及上网电价的削减，现在使政府和火电企业的决策者回头思考并重新思考整个火电行业的未来发展。本文基于2014年和2015年上半年的行业数据对中国火电的发展进行了全面回顾，随后介绍了2015年的上网电价调整。上网电价平均下降0.02元/ kWh，使火电企业蒙受巨大的收入损失。为了对火电在这种情况下的运行情况进行微观回顾，我们还基于六个有代表性的火电厂的调查数据进行了重点分析。我们可以看到单位收益在0.03-0.08元/ kWh的范围内变化，随着上网电价的调整，该指标在2015年甚至更低。最后，我们还为政府和火电企业提供了一些建议。 （C）2016 Elsevier Ltd.保留所有权利。

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