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China’s power crisis: Zhejiang the latest province to float electricity prices after Beijing eases restrictions

Summary:
[unable to retrieve full-text content]Zhejiang province is the latest regional government to raise electricity prices and change peak-demand hours following Beijing’s announcement it would liberalise electricity pricing in response to China’s power crisis.The move follows in the footsteps of the southern manufacturing hub of Guangdong province, which hiked prices last month by as much as 25 per cent during peak-demand for industrial users.China’s top economic planning agency, the National Development and Reform Commission (NDRC),…

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[unable to retrieve full-text content]
Zhejiang province is the latest regional government to raise electricity prices and change peak-demand hours following Beijing’s announcement it would liberalise electricity pricing in response to China’s power crisis.The move follows in the footsteps of the southern manufacturing hub of Guangdong province, which hiked prices last month by as much as 25 per cent during peak-demand for industrial users.China’s top economic planning agency, the National Development and Reform Commission (NDRC),…
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