Analysis of Global Power Market

Analysis of China's Power Operation Market Policies and Regulation (5/5) Key Policies and Regulations of Power Operation Market in China Issuing Time Issuing Authorities 2014.09.19 NDRC, MEE, NEA 2014.08.20 NDRC 2014.05.10 Industry Guideline Coal Power Conservation and Emission Reduction Transforming Plan 《煤电节能减排升级与改造行动计划》 Notification of Resolving Pricing Problem for Green Electricity 《关于进一步疏导环保电价矛盾的通知》 Key Contents The plan makes clear the leading idea and goal of coal power conservation and emission reduction transforming activity, and it also points out 30 detailed tasks for the transformation. Several major tasks are depicted as following: ➤ As for newly-built thermal power plant, coal consumption per kwh of power generated shall be below 300g of standard coal equivalent. ➤Coal consumption shall account for no more than 62% of primary energy consumption by 2020. ➤To optimise the distribution of thermal power plant. Newly-built thermal power plant shall be strictly complying with environmental protection standard. ➤By 2020, to eliminate those outdated thermal power plants with aggregated capacities of more than 10 million kw. ➤ Optimise the power dispatch. Prioritise those adjustable power generation units utilising hydro energy. The on-grid tariffs for DeSOx generators in some regions are reduced. Cross-region power grid transmission price is also reduced. Industrial and commercial electricity start to share the same price in Guangdong Province. MEE, NEA Notification of Accomplishing Environmental Protection in Hydropower Construction 《关于深化落实水电开发生态环境保护措施的通知》 The notification points out detailed environment protecting methods in aspect of river hydropower engineering, hydropower construction and immigrant settlement, etc. Source: NPC, NDRC, NEA, Frost & Sullivan FROST & SULLIVAN 67

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