Impact of Electricity Sales on Economic Development in Western Regions

Abstract

As a region abundant in energy resources in China, the economic development of electricity sales in the western region is directly linked to the national energy security strategy and the coordinated development of the regional economy. Against the backdrop of electricity market reform, this paper conducts an in-depth analysis of the current characteristics, constraining factors, and optimization pathways for the development of the electricity sales economy in the western region. The research indicates that the electricity sales economy in the western region exhibits distinct features such as prominent resource endowment advantages, continuously enhanced transmission capacity, and progressively increasing marketization. However, it simultaneously faces challenges including an imperfect market structure, inadequate price formation mechanisms, and imbalanced regional coordinated development. By establishing a unified electricity market system, improving price transmission mechanisms, and optimizing resource allocation efficiency, the high-quality development of the electricity sales economy in the western region can be effectively promoted.