China to open power market to major polluting industries

Published 10:46 on July 19, 2018 / Last updated at 23:27 on July 19, 2018 / / Asia Pacific (Asia), Net Zero Transition (Industrial Decarbonisation, Power/Electrification)

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Four of China’s biggest industries will join the nation’s burgeoning power market, allowing them to negotiate prices bilaterally as part of the government’s market reform in a process deemed crucial for the chances of the national ETS to successfully cut the sector's GHGs.
Four of China’s biggest industries will join the nation’s burgeoning power market, allowing them to negotiate prices bilaterally as part of the government’s market reform in a process deemed crucial for the chances of the national ETS to successfully cut the sector's GHGs.


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