To choose the path for reform, we must clarify the main contradiction and start from the points where all parties have more consensus and the reform has the greatest benefit. The author believes that the main contradiction in the current electric power field is not the problem of reorganization of power organization system such as grid splitting and dispatching independence, but the problem of lack of power market mechanism. At present, the deep institutional and institutional contradictions in China's power industry have not been adapted to the needs of economic and social development, and power reform is imperative. Due to the lack of a mechanism in China's electricity market, power producers (power generation companies) and consumers (power users) are being purchased by the power grid companies exclusively for electricity and electricity and are isolated outside the two doors. Power supply and demand information cannot be effectively exchanged; Both the purchase price of electricity (on-grid price) and the price of electricity sold (sales price) are controlled by the government. Changes in the cost of electricity production cannot be transmitted to consumers in a timely manner. These will inevitably result in the inability to achieve optimal allocation of resources. On the supply side, there will be recurring shortages and surpluses of power generation equipment. On the demand side, the lack of energy-saving power and excessive development of high-energy-consuming industries will lead to excessive production capacity. The fundamental purpose of electricity reform is to make the market play a decisive role in the allocation of resources. The construction of an electricity market that allocates resources efficiently will satisfy the economic and social development demand for electricity with minimum resources, environmental costs, and economic costs. It should become the starting point, focus, and end result of China's new round of electric reform. The power market construction is not necessarily linked to the separation of power grids and the independence of dispatch. The key is to change the exclusive power purchasing and selling mechanism of power grid companies, and realize that supply and demand will directly “see†each other in a competitive bidding manner. Judging from the international practice of electric reform, countries are all aiming to give full play to the market mechanism; and in order to achieve this goal, no matter how they are repaired and improved in the electric reform, they always insist on the construction of the electric power market as the fundamental way. In terms of the organization structure and dispatch management system of dispatching and distribution companies, various countries have made different choices according to their actual conditions, and there is no unified model to follow. For example: In the past, the European Union split the integrated power companies. In recent years, several member states have successively experienced major power outages, prompting reforms to focus on building a unified European power market and ensuring energy security; Italy separates dispatch from the power grid, leading to coordinated power grid operation. Difficulties: After the nationwide blackout occurred in 2003, the dispatch and grid were re-merged; the earliest and most complete division of all aspects of hairpinning and distribution was in the United Kingdom. At present, six integrated companies have been restructured and distributed; After the sale was completely dismantled, the development of the power grid was severely constrained, and the operating efficiency and power supply reliability were reduced. In 2012, the transmission and distribution were re-merged; Japan passed a bill in December 2013, which confirmed the consolidation of the regional power grid and the establishment of the State Grid Corporation of China. In order to expand the scope of resource allocation, and then to promote the free competition of electricity sales to change the steps. Economics tells us that the nature of the natural monopoly of the power grid is unquestionable. It can only limit its abuse of monopolistic dominance by strengthening supervision; horizontal and vertical splitting and splitting of the power grid will only turn monopoly into a small monopoly. Giving full play to the electricity market mechanism has no benefit. On the contrary, if the grid is broken up and the dispatching function is separated, the coordination costs of “net and network†and “net and tone†will be increased inevitably, which will seriously affect the safety and economies of scale of the grid, and will further destroy the power. In the market, some countries have already paid a heavy price for this. Through the power market construction, the supply and demand sides directly traded through bidding and bidding, and the grid companies’ buying and selling alone pattern was broken. The incentives for power companies to reduce profits naturally weakened, coupled with the government’s enhanced non-discriminatory fair openness to the power grid and “triple public†dispatch. The supervision will make the power grid an electric highway and make the dispatching function more neutral, so that the power resources will be optimally configured in the market, and the grid companies will focus on the construction of the power grid and the safe operation of the power grid. Obviously, this is the most profitable and least costly one. It is the path of reform with the least resistance and the most consensus. In short, in terms of improving the modern market system, the construction of the electricity market is indispensable. At present, compared with the construction of electricity markets in developed countries or compared with other domestic market constructions, the construction of the electricity market has become a short board and an urgent task. It should be the starting point for a new round of electric reform. Its density is only 091g/cm3, which is the lightest of the common chemical fibers. 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There are deep institutional and institutional conflicts in China's power industry