China slashes power prices to boost industry, paving way for further reform

Published 09:29 on April 19, 2018  /  Last updated at 09:42 on April 19, 2018  /  China, China's National ETS  /  No Comments

China will cut power prices for industrial and commercial users by around 10%, a move likely to squeeze the profits of monopoly grid companies and major generators and pave the way for further power market reforms.

China will cut power prices for industrial and commercial users by around 10%, a move likely to squeeze the profits of monopoly grid companies and major generators and pave the way for further power market reforms.

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