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Along with weaker power demand growth, poor generation economics are at the heart of many challenges to gas-fired power in China. To improve this, Zhejiang province has announced a two-tier power tariff structure that includes both a capacity charge and MWh-based prices. However, while the new pricing structure will improve the economics of CCGTs operating at peak load, it will not necessarily boost gas demand.
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Zhejiang offers more support for gas-fired power plants PDF - 1000.56 KB 2 Pages, 0 Tables, 2 Figures
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This Power Markets Inform report highlights the key issues surrounding this topic, and draws out the implications for those involved.
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Inform | Jul 2015
Zhejiang offers more support for gas-fired power plants
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