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Higher fees for power-guzzling industries
By Pan Xiaoyi |
May 14, 2010, Friday
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Print Edition
Print Edition
CHINA'S local governments must submit a list of energy-intensive companies by the end of June and punitive power rates will be imposed to cut energy consumption, the nation's energy regulator said today.
Self-inspection reports on cancelling favorable power prices for these firms should be submitted by June 10, said Tan Rongyao, spokesman and director of the State Electricity Regulatory Commission.
"There is a relatively large gap to achieve the goal of reducing the energy consumption per 10,000 yuan (US$1,464) of gross domestic product by 20 percent within five years by the end of this year," said Tan.
"The commission will tie up with the National Energy Administration and National Development and Reform Commission to crack down on favorable power prices in these industries," added Tan.
Chinese authorities on Wednesday canceled favorable power prices to energy-intensive industries including the aluminum, cement, steel, zinc, ferroalloy, calcium carbide and sodium hydroxide sectors.
Self-inspection reports on cancelling favorable power prices for these firms should be submitted by June 10, said Tan Rongyao, spokesman and director of the State Electricity Regulatory Commission.
"There is a relatively large gap to achieve the goal of reducing the energy consumption per 10,000 yuan (US$1,464) of gross domestic product by 20 percent within five years by the end of this year," said Tan.
"The commission will tie up with the National Energy Administration and National Development and Reform Commission to crack down on favorable power prices in these industries," added Tan.
Chinese authorities on Wednesday canceled favorable power prices to energy-intensive industries including the aluminum, cement, steel, zinc, ferroalloy, calcium carbide and sodium hydroxide sectors.
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