China’s top economic planning agency, the National Development and Reform Commission (NDRC), said it would loosen pricing in the state-controlled power market last week. Photo: AFP
China’s top economic planning agency, the National Development and Reform Commission (NDRC), said it would loosen pricing in the state-controlled power market last week. Photo: AFP

China’s power crisis: Zhejiang the latest province to float electricity prices after Beijing eases restrictions

  • China’s top economic planning agency said last week it was liberalising pricing in the state-controlled power market to help resolve an electricity crisis
  • Since then, Zhejiang and Guangdong have been the only local governments to alter prices, but other provinces are planning similar hikes

Topic |   China’s power crisis
China’s top economic planning agency, the National Development and Reform Commission (NDRC), said it would loosen pricing in the state-controlled power market last week. Photo: AFP
China’s top economic planning agency, the National Development and Reform Commission (NDRC), said it would loosen pricing in the state-controlled power market last week. Photo: AFP
READ FULL ARTICLE