Adjustment of China’s electricity price policy and market-oriented reform

China’s 22 provinces have implemented peak electricity prices since July, and Jiangxi, Inner Mongolia, and other places have simultaneously introduced valley electricity prices. For example, Anhui has implemented peak electricity prices (20% higher than the peak price) for industrial users to guide peak electricity consumption.
Peak-valley price difference widens: The peak-valley price difference for industrial and commercial single-system users in the five cities of the Pearl River Delta in Guangdong reached 1.2888 yuan/kWh, ranking first in the country; the price difference for large industrial users in Shanghai reached 1.258 yuan/kWh. The price difference in Shaanxi, Liaoning and other places increased by more than 30% month-on-month, and the economic incentives for enterprises to adjust their production stages have been significantly enhanced.
During the peak summer period, the power industry presented a closed-loop response system of “load increase ➷ cross-regional coordinated supply guarantee ➷ electricity price guidance ➷ new energy + energy storage support”. In the future, as the proportion of new energy in Hebei, Shandong and other places exceeds 50%, the “wind, solar, water, fire and energy storage” multi-energy complementary model will become the core of the new power system.


Post time: Jul-08-2025

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