国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

  .contact us |.about us
News > Business News ...
Search:
    Advertisement
Power goes under the hammer
( 2003-06-04 08:56) (1)

Power plants in East China will be forced to use a bidding process from early next year to sell part of their electricity, an industry regulator said Tuesday.

The State directive is an attempt to create competitive regional power markets.

The pilot scheme is expected to be launched in East China's Jiangsu, Zhejiang, Anhui and Fujian provinces, the State Electricity Regulatory Commission said Tuesday in a circular.

The move is regarded as an experiment as China attempts to create a nationwide competitive market by forcing generators to cut their costs.

The circular said the commission is drafting new rules for the move and the bidding will start in April.

An insider said the commission is thinking about ensuring that 15 per cent of a region's power consumption is sold through the bidding process.

At present, the government guarantees electricity tariffs for almost every power plant and generator, to ensure profits for power companies.

The government hopes the so-called power pooling system can help bring down the price of electricity and force power plants to reduce their overheads.

It may also help integrate the separated provincial power market, in a bid to optimize electricity distribution within regional markets.

Local governments tend to thwart the flow of electricity into their own regions in a bid to help local companies escape competition.

In February, the commission said it was also mulling over a similar power pooling scheme for the nation's northeast.

Analysts say the pooling schemes are another clear step forward in market-liberalization.

The government got rid of the State Power Corp's nationwide monopoly in December and created five competing companies and two grid companies to promote competition within the sector.

In Tuesday's circular, the commission admitted that the timing of the pilot scheme was not perfect, as the current power shortage in China's eastern regions may discourage competition.

The commission, however, maintained that it will use every avenue to try and make it as successful as possible.

"The market condition has been changing all the time,'' the circular said.

"The market mechanism we design should be flexible to survive in all conditions.''

Daunting challenges lay ahead, analysts say. Electricity prices vary in different provinces, which makes it hard to compare bids from different plants.

And technology problems may also hinder the smooth flow of information related to the bidding process.

According to the circular, the commission will proceed with the reform "gradually and prudently, taking full consideration of the unbalanced economic development of different regions.''

 
Close  
   
  Today's Top News   Top Business News
   
+The next great leap after Shenzhou V
( 2003-10-21)
+Hu calls for balanced development
( 2003-10-21)
+Report: SARS not airborne virus
( 2003-10-21)
+Japan urged to resolve weapons issue
( 2003-10-21)
+Int'l AIDS group opens Beijing office
( 2003-10-21)
+Home-appliance giants want wheels
( 2003-10-21)
+Exchange-rate reform under study
( 2003-10-21)
+Health insurance sector called for
( 2003-10-21)
+SanDisk teams up to open outlets
( 2003-10-21)
+Housing prices start to sag in Shanghai
( 2003-10-21)
   

  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved  
莱阳市| 西和县| 嵩明县| 磐安县| 内黄县| 全州县| 金堂县| 宜宾市| 盐津县| 喜德县| 资源县| 上饶县| 阜南县| 辽源市| 南丰县| 商河县| 卢氏县| 福州市| 依兰县| 清河县| 泾阳县| 贵阳市| 饶平县| 临朐县| 香河县| 阿瓦提县| 伊通| 纳雍县| 施甸县| 荥经县| 河北省| 博野县| 科技| 红原县| 兴安盟| 石河子市| 宜川县| 昌邑市| 潜山县| 石景山区| 方正县|