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Multi-dimensional assessment of the developing situation of provincial electricity market considering the external economic factors

In the face of the dynamic and uncertain influence of the external economic environment, in order to correctly grasp the development trend and law of electricity market, a variety of factors in the external environment should be synthetically analyzed. The paper, based on the thought of dimension reduction in the many indicators of external economic environment, establishes a quantitative model for evaluating the developing situation of provincial electricity market. Through the seasonally adjusted and standardized processing of raw data, the data can reflect the real law. Besides that, it uses methods to do dimension reduction in the economic indicators. Finally, the model respectively is used in the dimensions of industries and cities, which could determine the electricity prosperous level of industries and cities. Through analyzing their changing trends, the model could provide some guidance for the future policies in industrial adjustment and emission reduction.