On September 21, 2021, news of the suspension of production of 161 companies in Keqiao District, Shaoxing spread on the Internet, which will last until the end of the month, totaling ten days. There are 161 companies affected on the list, most of which are located in Binhai Industrial Zone. As public opinion continues to ferment, the Keqiao District Government quickly came up with a new plan to organize the enterprises involved to use electricity in an orderly manner according to different per-acre benefits.
“Dual control” of energy consumption in various regions in the first half of 2021 (energy consumption intensity and total The barometer of the achievement of the target (quantity) shows that Zhejiang’s energy consumption intensity and total energy consumption both fall into the second-level early warning, and the situation is quite severe.
Not only in Keqiao, Shaoxing, under the national carbon peak and carbon neutrality goals, China’s high-energy-consuming basic industries are facing “dual control” of energy consumption. Cut production of high-voltage lines.
Staggered peak power consumption has made many people realize that the intensity of power restrictions is becoming stricter this time, and “double peak power consumption” The “double limits” brought about by “control” are not an overnight solution, and will even become the norm in the days to come. The orderly electricity consumption range in many regions has extended beyond the holidays, which has also caused many textile and chemical fiber people to express concerns about the future market and price trends, and are even more uncertain about the supply of goods.
Textile costs are rising again after the “power rationing wave”!
Eight provinces across the country have taken the lead in realizing electricity price increases…
Since late September, the “power rationing wave” has affected many parts of the country. Several provinces, including Inner Mongolia, Ningxia, Shanghai and other regions, have successively launched “power price increase” adjustments before, allowing the coal and electricity market transaction price to float upward on the basis of benchmark power prices.
In addition, relevant departments are also actively solving the problem of coal shortage across the country. On September 29, the National Development and Reform Commission and the State Railway Group also issued the “Notice on the Work on Directly Insuring Coal Medium and Long-term Contracts for Power Generation and Heating Supply Enterprises to Fully Cover Railway Transport Capacity”, further increasing the emphasis on coal transportation for power generation and heating. intensity.
On July 23, the Inner Mongolia Department of Industry and Information Technology and the National Development and Reform Commission issued the “Notice on Clarifying the Price Fluctuation Upper Limit of the Electricity Trading Market in Western Inner Mongolia and Adjusting Market Trading Policies for Some Industries” . It stipulates that starting from August, the transaction price of coal-fired power generation in the power trading market in western Inner Mongolia can increase by no more than 10% based on the benchmark price.
CICC research report analysis stated that western Inner Mongolia took the lead in clarifying the room for rising electricity prices, which will help thermal power to achieve profit margin improvements. This adjustment is also the first step in the “power price reduction” and “power price reduction” since 2017. After the introduction of the floating electricity price policy, electricity price control was relaxed for the first time.
According to the China Energy News, a subsidiary of the People’s Daily, on August 4, the Development and Reform Commission of the Ningxia Hui Autonomous Region issued the “Notice on Adjusting Matters Related to Direct Electricity Trading in 2021”. Adjustments will be made to matters related to direct electricity trading in Ningxia from August to December this year, and it is proposed to allow coal and electricity trading prices to rise by no more than 10% on the basis of the benchmark price.
Subsequently, the Shanghai Municipal Commission of Economy and Information Technology issued the “Supplementary Notice on Carrying out Direct Transactions between Shanghai Electricity Users (Including Electricity Sales Companies) and Power Generation Enterprises in 2021”, requiring Further improve the “base price + floating up and down” electricity market price formation mechanism, and cancel the requirement that coal-fired benchmark on-grid electricity prices “not float temporarily”.
At the end of August, the Shanghai Municipal Development and Reform Commission issued the “Further Standardization of Non-Grid Direct Power Supply in the City” The Notice on Price Behavior Work Guidelines further stipulates that the maximum increase in electricity prices for non-grid direct power supply end users shall not exceed 10%.
According to China Times, on September 24, the Guangdong Electricity Trading Center issued the “Notice on Improving the Operation of the Guangdong Electricity Market in the Fourth Quarter of 2021” (hereinafter referred to as the “Notice” 》). The “Notice” clarifies that the monthly transaction price difference is allowed to be positive or negative, and at the same time, the increase in electricity prices will be transmitted to end users. This is considered to be a sign that the Guangdong power market is about to enter a pricing increase stage.
Following this, on September 27, the Hunan Provincial Development and Reform Commission issued the “Notice on Improving the Trading Price Mechanism for Coal-fired Power Generation in Our Province”, stipulating that starting from October, On the basis of determining the benchmark price for electricity market transactions, the coal purchase price of coal-fired thermal power enterprises is introduced as a parameter, and the upper limit of the transaction price is adjusted in a certain period.
The notice mentioned that a floating upper limit mechanism for coal-fired thermal power market transaction prices linked to coal prices will be established to reasonably reflect the costs of power generation and consumption and reduce market risks. At present, Hunan Province stipulates: “When the average unit price of standard coal at the factory exceeds 1,300 yuan/ton, and the coal price increases by 50 yuan/ton, the upper limit of the coal-fired thermal power transaction price will increase by 1.5 cents/kWh, and the maximum increase shall not exceed the national Regulations.”
Key province management��Difficult to stop
Chemical products continue to be in short supply
In addition, Anhui, Fujian, Hunan, Guangdong and other regions have started In order to implement power restriction measures, 7-20 days of production suspension and production restrictions were generally arranged every month from October to December. The production capacity of various chemical products such as the caprolactam industry chain in Fujian, the solid epoxy resin industry chain in Anhui, and the ABS industry chain in Jilin will all be reduced.
It is understood that the chemical industry in the above-mentioned areas where power outages continue after the holidays is relatively developed, involving a variety of chemical products. Under the strict measures to limit power supply and production, many companies have announced that they will no longer work overtime during the holidays. In other words, the gap in these products is still there after the holidays and is likely to get worse. Before energy consumption control achieves certain results, it will be difficult for the above areas to resume production, and the shortage of supply will continue to push up the prices of chemicals in related industrial chains. </p
