The realistic problem of benefits maximization—Take A Power Generation Co., Ltd., the fourth largest power group in China, as an example

Abstract

Under the influence of power market reform, spot trading and coal price rise, the development of power enterprises is facing more and more uncertainties. Power enterprises need to reduce power generation costs as much as possible on the basis of ensuring power supply. For this reason, this paper discusses the continuous rise of coal prices faced by power enterprises, the small fluctuation and increase of on grid electricity prices, and the implementation of power market and spot transactions. This paper collects and summarizes data, and then analyzes costs and benefits, business conditions and national policies, and puts forward solutions. It concludes that power enterprises should start marketing on the basis of providing social security, the coal purchase and storage strategy and the direction of energy transformation will be changed to minimize its costs and maximize its benefits. This paper has reference value for the operation and development of major power enterprises.