CBN丨China to liberalise thermal power pricing to 20% fluctuation

All coal-fired power will orderly enter the power market, as the floating range of the market-based electricity transaction prices are adjusted in principle to a range of 20 percent up or down, compared with the current ceiling of 10 percent and the floor of 15 percent from the benchmark price, said the country’s top economic planer. It also requires local government to prioritise supply of low-cost power for residents and agriculture.