This digest was prepared by：

Jean-Michel Glachant, Florence School of Regulation, and

Nicolò Rossetto, Florence School of Regulation

with generous support from the authors of the Handbook on Electricity Markets.

LEGAL DISCLAIMER

Chapter 1 and the book cover are included here in this digest with the permission from Edward Elgar Publishing Ltd. The information and views set out in this Digest are those of the author(s) and do not necessarily reflect the official opinion of the European Union, the China National Energy Administration or ECECP. Neither the European Union nor China National Energy Administration or ECECP can guarantee the accuracy of the data included in this study. Neither the European Union, China National Energy Administration, ECECP nor any person acting on their behalf may be held responsible for the use, which may be made of the information contained therein.

EU-China Energy Cooperation Platform was launched on 15 May 2019, to support the implementation of activities announced in the 'Joint Statement on the Implementation of EU-China Energy Cooperation'. The overall objective of ECECP is to enhance EU-China cooperation on energy. In line with the EU's Green Deal, Energy Union, the Clean Energy for All European initiative, the Paris Agreement on Climate Change and the EU's Global Strategy, this enhanced cooperation will help increase mutual trust and understanding between EU and China and contribute to a global transition towards clean energy on the basis of a common vision of a sustainable, reliable and secure energy system. Phase II of ECECP is implemented by a consortium led by ICF, and with National Development and Reform Commission-Energy Research Institute. Policy steering is by the EU (DG ENER) and the China National Energy Administration.

© 2022 European Union. All rights reserved.

English editing: Helen Farrell, Chinese editing: Chi Jieqiao

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