The importance of quality in the wire and cable industry
NEWS CENTER
Check category
Cancel the dual-track system of coal prices and build a win-win road for coal and electricity companies
- Categories:Company news
- Author:
- Origin:
- Time of issue:2019-11-20
- Views:0
(Summary description) China's power coal supply has always implemented a dual-track price system for key coal and market coal. At the same time, due to the high coal price and the low price of electricity under national regulation, many thermal power companies have long-term losses and debt operations. Contention.
Cancel the dual-track system of coal prices and build a win-win road for coal and electricity companies
(Summary description) China's power coal supply has always implemented a dual-track price system for key coal and market coal. At the same time, due to the high coal price and the low price of electricity under national regulation, many thermal power companies have long-term losses and debt operations. Contention.
- Categories:Company news
- Origin:
- Time of issue:2019-11-20
Information
China's power coal supply has always implemented a dual-track price system for key coal and market coal. At the same time, due to the high coal price and the low price of electricity under national regulation, many thermal power companies have long-term losses and debt operations. Contention.
For this reason, China is exploring ways to resolve the contradiction between coal and electricity through coal-electricity joint ventures. The five largest power groups in the country and some local enterprises have taken the lead to set foot in the field of coal production, increasing the self-sufficiency rate of thermal coal, which has achieved initial results. According to the income of the five major power groups in 2011, coal has become a new profit growth point for the five major groups. In 2011, the coal production capacity controlled by them totaled 226 million tons, and the average coal self-sufficiency rate reached about 25%.
Shanxi, a large coal-producing province, also issued a policy in July this year to encourage coal-fired power companies to participate in each other's shares, share holdings, or register new coal-power joint ventures through asset reorganization through capital injection and equity exchange, thereby forming a reasonable coal power company. Price mechanism.
More importantly, in order to resolve the “coal-power dispute” situation, starting from 2013, China will cancel the dual-track system of electricity and coal prices, and coal companies and power companies will independently negotiate and determine the order prices. This means that coal companies and power companies no longer have to “pinch” each other over the so-called key contract coal prices, but instead hold hands to discuss how to cooperate and win-win.
At present, 20 of the 33 provincial power transfer enterprises in Shanxi have implemented coal and electricity joint ventures, and 5 have signed long-term coal supply agreements with coal enterprises.
From January to September, Shanxi Province adjusted the profits and losses of the main thermal power companies with more than 200,000 kilowatts. The net loss was 1.47 billion yuan, a year-on-year reduction of nearly 1 billion yuan. The 9 profitable companies were all concentrated in the companies that have implemented coal and electricity joint ventures.
Zhangze Power has suffered losses for two consecutive years and faces the risk of delisting. However, its profitability has been quickly reversed after the reorganization of Datong Coal Mine Group. It is expected to achieve a profit of 30 million yuan throughout the year.
The strategic cooperation between coal and electricity parties has achieved “multi-win”, which not only avoids the risk of the company's delisting, but also reactivates the projects under construction in Zhangze Power. The secret to the success of coal-electricity joint ventures is to effectively reduce the transaction costs of coal and reduce the price of coal, thereby benefiting electricity.
Next:
None
Next:
None
Recommended Products
Recommended News
2019
11-20
2019
11-20
State Grid announces distributed photovoltaic construction capacity
2019
11-20
China's nuclear power technology enters the international advanced ranks
2019
11-20
Promote the construction of smart grid and help the development of the photovoltaic industry
2019
11-20
Strengthen the supervision of the quality of wire and cable products
2019
11-20
Continue to improve the level of intelligent construction of rural networks
信息发送SAUNDERS
WRITE A MESSAGE TO US
客户留言
Description:
Contact number
Add：Room 01, 3 / F, building 4, daijiashan science and Technology City, 888 Hanhuang Road, Jiang'an District, Wuhan City
