Enlightenment and experience of foreign power retail market on China’s electricity retail market construction

The power retail market is the key link of the power market system. It plays a fundamental role in supporting the opening, competition and orderly operation of the power market. It is also the key to coordinate market transactions and system security. In this paper, the United Kingdom, Singapore, Japan and other mature countries in the development of electricity retail market research, extract these countries in the construction of electricity retail market problems and achievements, and combined with the development of China's electricity retail market, put forward the enlightenment and suggestions for the construction of China's electricity retail market, hoping to be able to provide help for the builders of electricity retail market.