Home  Contact Us
  Follow Us On:
 
Search:
Advertising Advertising Free Newsletter Free E-Newsletter
NEWS

China liberalises coal-fired power pricing to tackle energy crisis
Published on: 2021-10-13
Share to
User Rating: / 0
PoorBest 

China took a key step in its long-running efforts to revamp the electricity pricing regime as the country suffers a massive power crunch.
 

The National Development and Reform Commission (NDRC), the top economic planning body, said Tuesday it will allow coal-fired power plants to price electricity based on market rates while lifting a government-set pricing system.
 

Coal-fired power prices will be allowed to fluctuate by as much as 20% from base levels, an increase from previous limits of 10% to 15%. Prices for high energy-consuming companies would not be bound by the 20% limit to encourage them to improve power efficiently, the NDRC said.
 

The commission also called on commercial and industrial users to buy power directly from exchanges or via agents based on market prices. The new measures, which will not affect residential and agricultural users, will take effect Oct. 15.
 

While China’s coal prices are set by the market, power prices are largely under state control. When fuel prices including coal and natural gas surge, electricity prices don’t reflect the changes, analysts said.
 

Allowing prices to be set by the market and pushing all industrial and commercial users to buy power on the market is expected to encourage loss-making generators to increase output.
 

我国有序放开全部燃煤发电电量上网电价!

10月12日,国家发展改革委发布《关于进一步深化燃煤发电上网电价市场化改革的通知》,有序放开全部燃煤发电电量上网电价。燃煤发电电量原则上全部进入电力市场,通过市场交易在“基准价+上下浮动”范围内形成上网电价。扩大市场交易电价上下浮动范围。将燃煤发电市场交易价格浮动范围由现行的上浮不超过10%、下浮原则上不超过15%,扩大为上下浮动原则上均不超过20%,高耗能企业市场交易电价不受上浮20%限制。

Comments (0)Add Comment

Write comment

security code
Write the displayed characters


busy
    Subscription    |     Advertising    |     Contact Us    |
Address: Magnetic Plaza, Building A4, 6th Floor, Binshui Xi Dao.
Nankai District. 300381 TIANJIN. PR CHINA
Tel: +86 22 23917700
E-mail: webmaster@businesstianjin.com
Copyright 2021 BusinessTianjin.com. All rights reserved.