More regions move to float power prices amid energy shortage

2021-10-22 2022-07-25

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China's East Zhejiang province is the latest local government to raise electricity prices and change peak-demand hours following Beijing’s announcement it would liberalise electricity pricing in response to China’s power crisis.

The move follows in the footsteps of Guangdong province, which hiked prices last month by as much as 25 per cent during peak-demand for industrial users.

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