Home>News Center>China
       
 

No change for residential power prices
By Wang Ying (China Daily)
Updated: 2005-01-07 00:21

Individual residents in China will not be expected to pay more for electricity in the near future, according to sources at the National Development and Reform Commission (NDRC).

The NDRC also decided that power prices for individual residents, agriculture, small and medium-sized fertilizer production, remain relatively stable, with changes to be made at most annually.

Hearings are supposed to be held before any possible changes of power consumption prices for individual residents.

In order to maintain coal and power price stability, the central government also encourages coal production and power generation companies to sign long-term contracts for coal supply, said NDRC sources.

Coal suppliers and buyers have just concluded negotiations on coal price at the week-long China 2005 Coal Ordering Conference and signed long-term coal supply contracts.

Inadequate production and transportation capacity mean that the coal price has continued to grow, while the government-controlled power price remains unchanged.

As a result, power generation companies has suffered from losses caused by coal consumption cost rises, said an industry analyst.

"A further increase in the coal price is expected this year, resulting from similar factors as in 2004," said Han Yong, a coal industry analyst with China Securities.

Under the new price linkage mechanism, power prices will float along with coal price changes, and pass the coal consumption cost increase to end users, according to industry sources.

Power generation companies are expected to afford 30 per cent of the coal price increases, said an industry insider, and the on-grid power price will fluctuate with coal prices, which, accordingly, is to affect power prices for end users.

The power price for industrial sectors, such as steel production, is expected to rise approximately 0.01 yuan (0.12 US cents) per kilowatt-hour after the new price linkage mechanism is implemented, said Wang Xiaohui, a power industry analyst with Beijing-based CITIC Securities.

China's largest power generator, Huaneng Power International, said on Thursday it was raising tariffs for energy from its power plants by between 3 and 7.7 per cent following an increase in coal prices.

Compared with industrial sectors, however, the government should be more cautious in adjusting the power prices for individual residents, which account for 20 per cent of China's total power consumption, said Wang.

"Changes in power consumption price for individual residents and agriculture, not only represent a business issue, but more importantly, has far-reaching social implications," said Wang, "so the NDRC-regulated unchanged power price for individual residents and agricultural sector in the near future, will help maintain social stability."

However, the power price is supposed to be higher than those for industrial uses, because the production and transmission costs for individual residents exceed those for industrial uses, and the sales prices should mirror the costs, according to Wang.

But China's current power price system does not reflect this, for example, in Beijing, power price for individual residents stands 0.1 yuan (1.2 US cents) to 0.2 yuan (2.4 US cents) per kilowatt-hour less than that for industrial uses, according to a Beijing government official website.

So a reform is needed to rationalize China's power price system, said Wang.

"But the reforming needs time to process," Wang added.

As part of the country's power price system adjustment, large power consumers, such as steel producers, are expected to directly buy electricity from power generators, steering clear of the power grid transferring procedure and government control on power prices, said Wang.



 
  Today's Top News     Top China News
 

Indonesia praises Chinese aid, commitment

 

   
 

7,000 more bodies discovered in Indonesia

 

   
 

RMB 105 million raised from civilian donations

 

   
 

Beijing population tops 15 million

 

   
 

No change for residential power prices

 

   
 

Eight die, 240 hurt in US train crash

 

   
  Ten Hongkongers dead, 58 missing
   
  No change for residential power prices
   
  Wealthy kids have worse nutrition -report
   
  Shanghai to ban underage sales of cigarettes, alcohol
   
  Children taller than those of a decade ago
   
  Airlines works for direct charter flights
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Related Stories  
   
Coal-power price link gets government nod
   
Shanxi pipes 25 billion kwh of electricity
   
China to ease power shortage by 2006
   
Moves to curb investment in power plants
   
Staggered hours to save city power
   
Staggered hours to save city power
   
Guangdong's fourth nuke plant in pipeline
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 校花主动掀开内裤给我玩| 久久99精品福利久久久| 精品国产91久久久久久久a| 国产成人悠悠影院| 88av视频在线观看| 天天狠狠弄夜夜狠狠躁·太爽了| 中文字幕无码不卡一区二区三区 | 男女一边摸一边做爽爽| 四虎影视色费永久在线观看| 香蕉人人超人人超碰超国产| 国产激情在线视频| 18女人毛片水真多免费| 日本成人在线网址| 亚洲jizzjizz妇女| 欧美成年黄网站色视频| 亚洲精品国产免费| 亚洲成人www| 国产高清av在线播放| www.欧美色| 日韩电影免费在线观看网| 亚洲国产欧美日韩精品一区二区三区 | 日韩精品一区二区三区中文版 | 久久青草免费91线频观看不卡| 欧美日在线观看| 亚洲熟妇久久精品| 男人j进女人p免费视频| 免费看特黄特黄欧美大片| 两个人看的www免费视频中文| 在线果冻传媒星空无限传媒| www.米奇777.com| 性做久久久久久久久| 中文字幕网在线| 日本h片无遮挡在线观看| 久久激情综合网| 日韩精品无码人成视频手机| 亚洲AV无码乱码麻豆精品国产| 欧美人与牲动交xxxxbbbb| 亚洲欧洲日产国码无码久久99| 波多野结衣一区二区| 亚洲精品成a人在线观看| 激情综合色五月六月婷婷|