China's lack of power shortage in industrial electricity prices rose

Textile technology network textile technology network - professional textile technology forum China National Development and Reform Commission (Development and Reform Commission) officials said that from June 1 onwards will be upgraded from 15 provincial industrial customers electricity prices, for the first time in more than one year.

The official who asked for anonymity because of the NDRC’s decision-making statement has not received a media interview in Beijing today and said residential electricity prices have remained unchanged. Li Pumin, spokesperson for the National Development and Reform Commission, declined to comment.

China is suffering from the power shortage. According to the State Grid Corporation of China, the shortage of power in the summer this year will reach 40 GW, which will exceed the record of China's 2004 highest power shortage.

This time the price increase will be the first increase since November 2009, and it is expected to stimulate the power plant to increase capacity utilization. Because of the coal price hikes and the government's electricity quota policy, some utilities are restricted from operating and even closed down.