The Guangdong provincial government in China has placed emphasis on the latest notice released by the Chinese National Development and Reform Commission (NDRC), the State Electricity Regulatory Commission (SERC) and the National Energy Administration on the withdrawal of preferential electricity prices for high energy-consuming enterprises.
In light with the notice, the government of Guangdong Province is to implement a differential pricing policy on electricity. Specifically, for the local steel industry, new electricity prices will be raised by RMB 0.4 per KWh for enterprises listed as targets for elimination; for enterprises whose outputs are restricted, the electricity prices will rise by RMB 0.1 per KWh. Meanwhile, for the cement industry, electricity prices will increase by RMB 0.3 and RMB 0.1 per KWh respectively for enterprises listed as elimination targets and those whose outputs are restricted. For six other industries - electrolytic aluminum, ferroalloy, calcium carbide, caustic soda, yellow phosphorus and zinc smelting - electricity prices will climbed up by RMB 0.3 and RMB 0.1 per KWh for the two categories of enterprises mentioned previously.