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Analysis of the tripartite evolutionary game in the marketization of China’s renewable energy-based electricity prices
1 Introduction Electricity generation, as a naturally monopolistic industry, has long been subject to stringent governmental price regulations. Rapid technological advancements have significantly increased the efficiency of naturally monopolistic industries (Fan and Qi, 2011). Since 2015, China’s electricity industry has embarked on a new round of regulatory relaxations and market-oriented reforms.
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