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11 Aug
11:03

China accelerates its electricity supply reforms

China is accelerating its electricity network reform (see Kallanish March 2016) to make sure it can roll out nationwide in 2017. The reform is expected to cut China’s high industrial electricity costs, including for the steel industry. In March, the National Development and Reform Commission (NDRC) started implementing reforms in five provinces. This saw grid company electricity procurement costs fall by “… CNY 0.01-0.02/kilowatt hour ($0.0015…
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