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Home / Metal News / Chongqing To Implement Differential And Tiered Electricity Prices In Steel, Aluminium And Other Highly-Polluting And Energy-Intensive Industries

Chongqing To Implement Differential And Tiered Electricity Prices In Steel, Aluminium And Other Highly-Polluting And Energy-Intensive Industries

May 8, 2023 11:35

Source:SMM

Chongqing issued a document on pushing for the elimination of outdated capacity in 2023.

Chongqing issued a document on pushing for the elimination of outdated capacity in 2023. According to the document, enterprises in highly-polluting and energy-intensive industries, such as steel, cement, and aluminium, will be subject to differential electricity prices and tiered electricity prices if their energy consumption and power consumption fail to meet the mandatory standards.

Chongqing will also include the virtual currency "mining" project into the implementation scope of differential electricity price policy.

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