On 17 September 2020, Dr Florian Ermacora, DG ENER Head of Wholesale Markets, Electricity & Gas Unit, Directorate for Internal Energy Market, European Commission delivered a keynote presentation, “Electricity Market Design for Europe” to close to 300 participants at the Joint Annual Conference of the Chinese Society for Electrical Engineering (CSEE) Automation of Electric Power Systems Professional Committee and Power Market Professional Committee & Power

As the largest developing country in the world, with a population of nearly 1.4 billion, China consumes more energy than any other country. It is now determined to develop a green economy, pushing for sustainable economic growth within the red-line environmental limits. Yet economic growth is not possible without a fundamental transformation of the energy sector. The "four revolutions and one cooperation" called for by President Xi Jinping aim to transform both energy consumption and energy supply, develop new clean technologies and strengthen

Electricity marketisation reform in the EU has been through a long process, starting with the first energy package in the 1990s, and followed by a second and third version. The fourth energy package issued in 2015 set targets for an energy transformation by 2030. These four energy packages are seen as milestones along the path towards EU power market reform. They have ensured that the reforms were carried out in an orderly way, including: unbundling of monopoly and competitive businesses and the promotion of competition; establishment of indepe

China and the European Union have many things in common, many challenges to discuss together, and many good practices to share. This is particularly the case in the power sector; China leads the world in its investments into renewables generation capacity, and as the leading manufacturer of PV panels. The EU has also made enormous strides in achieving a rapid growth in installed renewables capacity, and as the main producer of wind turbines, particularly offshore. The two reports