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  • Sichuan implements precise targeted electricity price policy to support special industries

    2019-08-06 17:34:18   [Print]
    Sichuan Provincial Development and Reform Commission, Sichuan Provincial Economic and Information Department and other two provincial departments jointly issued the notice on the implementation of precise targeted electricity price policy to support special industries, including primary aluminum, polycrystalline silicon, big data, new-type battery and electrolytic hydrogen and other industries that meet the national requirement of environmental protection, energy conservation and emission reduction.

    According to the notice, Sichuan will mainly provide support to the development of polycrystalline silicon industry in Leshan, primary aluminum industry in Guangyuan, big data industry in Ya'an, lithium battery industry in Suining and vanadium-titanium industry in Panxi, aiming to establish a high-quality cluster of special industries.

    In terms of power consumers, the electricity price for primary aluminum industry, polycrystalline silicon industry, big data industry, new-type battery industry and electrolytic hydrogen industry is about RMB0.3/KWh (USD0.04/KWh), RMB0.4/KWh (USD0.06/KWh), RMB0.35/KWh (USD0.05/KWh), RMB0.35/KWh (USD0.05/KWh), and RMB0.3/KWh (USD0.04/KWh) respectively.Asian Metal CopyrightSichuan Provincial Development and Reform Commission, Sichuan Provincial Economic and Information Department and other two provincial departments jointly issued the notice on the implementation of precise targeted electricity price policy to support special industries, including primary aluminum, polycrystalline silicon, big data, new-type battery and electrolytic hydrogen and other industries that meet the national requirement of environmental protection, energy conservation and emission reduction.Asian Metal Copyright Specifically, the electricity price for newly-added primary aluminum capacity in Guangyuan is no higher than RMB0.3/KWh (USD0.04/KWh), and that for polycrystalline silicon industry in Leshan, big data industry in Ya'an, and lithium battery industry in Suining is no higher than RMB0.4/KWh (USD0.06/KWh), RMB0.35/KWh (USD0.05/KWh) and RMB0.35/KWh (USD0.05/KWh) respectively.

    According to sources from Sichuan Provincial Development and Reform Commission, the average power-grid electricity price for large-scale industry is RMB0.61/KWh (USD0.09/KWh).Asian Metal Copyright3 billion yuan 469 million US dollars in power cost.Asian Metal Copyright By this price, special industries under the precise targeted electricity price policy can enjoy a decline of RMB0.Asian Metal Copyright3 billion yuan 469 million US dollars in power cost.Asian Metal Copyright21-0.31/KWh (USD0.Asian Metal Copyright35KWh USD0.Asian Metal Copyright03-0.04/KWh) in power price, down by around 34-50%.

    Currently, a total of 14 companies in Sichuan are under this preferential policy. Since the implementation last year, the policy has contributed to an estimated decline of 3.Asian Metal Copyright06KWh, RMB0.Asian Metal Copyright3 billion yuan (469 million US dollars) in power cost.

    .Asian Metal Copyright Currently, a total of 14 companies in Sichuan are under this preferential policyAsian Metal Copyright
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