Thermal Power Plant Flexibility

This report examines the situation in China both today and in the future, with detailed analyses of the power system using a power system model developed by the China National Renewable Energy Centre (CNREC), combined with expertise on thermal power plants from the Electric Power Planning Engineering Institute (EPPEI). In the analyses, experiences from Denmark and from the Nordic power market are used in a Chinese context to provide insight in how to incentivise flexibility in the Chinese power system.