Association Webinars: China's Draft Energy Law and its Implications for Power Market Reform



In April 2020 China published a new draft Energy Law which outlines the direction for Chinese energy policy. We examine this new proposed law in the light of recent developments with power market reform in China. We examine how the law promotes power market reform and decarbonisation of the energy system and make suggestions as to how the draft law might be improved in the light of lessons from the role of energy law in promoting power market reform in OECD countries.


Michael Pollitt is Professor of Business Economics at the Judge Business School, University of Cambridge. He has particular interests in future regulation and future markets for electricity systems. He is an Assistant Director of the Energy Policy Research Group (EPRG) and a joint academic director of the Centre on Regulation in Europe (CERRE). Michael is a Fellow in Economics and Management at Sidney Sussex College, Cambridge. Michael was external economic advisor to Ofgem from 2007 to 2011 and has advised the World Bank, the European Commission, the New Zealand Commerce Commission, as well as companies and regulatory agencies across Europe. He has published 11 books and over 90 refereed journal articles on efficiency analysis, energy policy and business ethics. For the last five years, Michael has worked extensively on Chinese power market reform and is author of the forthcoming book: Reforming the Chinese Electricity Supply Sector: Lessons from Global Experience (Palgrave). He is a founding co-editor of the International Association for Energy Economics (IAEE)'s journal: Economics of Energy and Environmental Policy and the current IAEE Vice President for Publications.


Dr Jun Xu is a lecturer at China Research Institute of Regulation and Public Policy, The New Type Key Think Tank of Zhejiang Province.. He has particular interests in China power market reform and regulation. He is a member of the China Energy Law Research Society. Jun have published several refereed journal articles on China electricity market supervision, law on electricity regulation and antimonopoly and a book chapter on China energy regulatory law system. Jun has also obtained research grant from China Natural Science Fund Commission and China Social Science Commission. For the last five years, Jun has attended several external consultations from China National Energy Administration and have much engagement with China energy regulatory agencies.

Prof Bai-Che Xie is Professor of Energy Economics and Operation Research at college of Management and Economics, Tianjin University, China. His research focuses on energy economics, environmental efficiency, mechanism design of renewable energy and energy development plan. He supervised more than 20 research projects, including the programmes sponsored by National Science Foundation of China, major projects of National Social Science Fund, Energy Group of Asia-Pacific Economic Cooperation and State Grid of Corporation of China. He has chaired several Energy development plan for Tianjin and Qinghai Province. Professor Bai-Chen Xie has published more than 70 papers in refereed academic journals, including Energy Economics, European Journal of Operation Research, OMEGA: the international journal of management science, Energy Policy, Renewable and Sustainable Energy Reviews and many other journals. He won several awards, including the social science excellent research of Tianjin, and received an invitation to compete for the Eni Award in 2016.

Nancy Sun qualified as a Chinese lawyer in 2000. Prior to joining Dentons Shanghai, Nancy worked as an in-house counsel of an HKSE listed company and one of Australia's top law firm's Sydney office and Shanghai office.

She has extensive experience in advising Chinese and international clients on both inbound and outbound transactions. She specializes in cross border mergers and acquisitions, joint ventures, setting up new businesses, capital raising, project finance, syndicated loan, leveraged acquisition finance, trade finance, and carbon.

Nancy's strength is in negotiating and implementing client-driven solutions to complex legal problems. Her approach is to gain a full understanding of the client's legal and business objectives and provide value-added advice to achieve the desired outcome. Her premium services have gained wide compliments by clients.


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