Many Provinces Across The Country Usher In Great Changes In Electricity Prices!

www.ferroalloynet.com: Since January 1, 2022, many provinces across the country will implement major changes in electricity prices! This is also a major challenge for steel companies! According to incomplete statistics, the specific electricity price policies of the following provinces are as follows:

Tianjin City

Starting from January 1, 2022, combining the peak-to-valley ratio of our city’s power system, renewable energy development and system regulation capabilities, etc., the city’s peak-to-valley floating ratio will be reasonably determined. The peak electricity price rises by 50% on the basis of the normal-hour electricity price, the trough electricity price floats by 54% on the basis of the normal-hour electricity price, and the peak electricity price rises by 20% on the basis of the peak electricity price. The basic electricity price calculated by transformer capacity (maximum demand), power factor adjustment electricity fee, government funds and surcharges do not participate in the float. The peak-to-valley time-of-use price difference of agricultural electricity will not be adjusted, and it will be implemented in accordance with the peak-to-valley time-of-use price level announced by the Commission.

Shanxi Province

Starting from January 1, 2022, according to the peak-to-valley rate of the Shanxi power system, new energy consumption and system adjustment capabilities, the electricity price rise by 60% during peak hours and by another 20% on the basis of peak hours during rush hours.

Sichuan Province

Starting from January 1, 2022, electricity prices during peak hours will rise by 60%, and rush hours will rise by another 20% on the basis of peak hours.

Shandong Province

On November 25, the Shandong Provincial Development and Reform Commission issued the “Notice on Further Improving the Industrial and Commercial Time-of-use Electricity Price Policy” (Lu Fagai Price [2021] No. 986), confirming that starting from January 1, 2022, Shandong’s industrial and commercial electricity prices will be in the benchmark The price fluctuates between 50% and 170%.

Shaanxi Province

Starting from January 1, 2022, the floating ratio of peak-to-valley time-of-use electricity prices will remain unchanged. The peak-to-valley ratio for large-scale industrial production is 1.63:1:0.37, and the peak-to-valley ratio for agricultural production, general industrial and commercial and other electricity consumption It is 1.5:1:0.5. Market transaction electricity users fluctuate based on the current month’s electricity purchase price (including electricity energy transaction price and transmission and distribution price). Government funds and surcharges do not participate in the floating; peak electricity prices for industrial and commercial and other electricity consumption are implemented in July and August each summer, and January and December in winter. The peak period in summer is 19:30-21:30 daily, and peak period in winter. From 18:30-20:30 daily, the price of electricity during peak hours will increase by 20% per kilowatt-hour based on the price of peak electricity.

Gansu province

Starting from January 1, 2022, Gansu Province has the following regulations for electricity-consuming companies. Companies that participate in market transactions must sign medium- and long-term transaction contracts with time-based, quantity and price, reflecting the characteristics of electricity generation and consumption curves and time-of-use price differences. The spread ratio of the declared electricity price for each time period shall not be lower than the ratio of the peak, flat and valley price difference of the current catalog electricity price, that is, the transaction declaration price during peak hours is not less than 150% of the declared price in the flat period, and the declared price during the low period is not higher than the declared price in the flat period 50%. If the market entity has not formed a time-of-use price, the electricity purchase price at the time of settlement shall be increased by 50% on the basis of the flat period standard according to the peak period standard, and the low period standard shall be implemented by a 50% increase or decrease on the basis of the flat period standard.

Jiangsu Province

Since January 1, 2022, Jiangsu Province has implemented peak electricity prices for large industrial power consumption of 315 kVA and above in summer and winter. Specifically: from July to August each year, when the daily maximum temperature reaches or exceeds 35?, the peak electricity price in summer will be implemented from 10:00 to 11:00 and from 14:00 to 15:00, and at the same time, from 17:00 to 18:00 the peak period is adjusted to a flat period; from December to January of the following year, when the daily minimum temperature reaches or falls below -3°C, 9:00-11:00 and 18:00-20:00, the peak electricity price in winter will be implemented. Peak electricity prices in the summer and winter seasons are unified based on the peak electricity price, with an increase of 20%.

The above information also reveals that the current electricity prices of high-energy-consuming enterprises such as steel will be determined based on the market orientation, and will further affect the electricity consumption of high-energy-consuming enterprises Can play a regulatory role in the future development of enterprises. The power curtailment policy will force steel companies to further improve energy efficiency, reduce power consumption, and reduce pollutant emissions; at the same time, the power curtailment policy will affect steel production, and will further affect the price of steel products, and will have a significant impact on the carbon emission control of the steel industry favorable effect.

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