Electricity market is one of the most important parts of the international energy markets. In 2012, global electricity generation and consumption remained a stable condition with a slight increase. Electricity generation and consumption showed a downward trend in developed countries and similarly in China, both electricity generation and consumption growth rate decreased significantly. Besides, the global PV demand growth was at its trough, the minimum in the last decade. However, the nuclear power industry went to its recovery. There are also some characteristic phenomena such as continuous growth in electricity investment, decelerating growth in wind generation power investment, slump in the PV industry and also the steady development of the smart grid market; what's more, steady growth in electricity trade, international power enterprises mergers and acquisitions also appeared. And China's power enterprises accelerated their international layout as well. <<