Henan opened the first knife
"Although there is no official publication, the plan for raising electricity prices in Henan Province has already been drafted, and it has basically been finalized." A source told the China Securities Journal that according to the plan to clean up preferential electricity prices in Henan Province, large electricity users The price of electricity for aluminum companies has been raised by an average of 0.03 yuan / kWh.
It is said that the first draft of the cleanup preferential electricity price in Henan Province requires that the electricity price of electrolytic aluminum enterprises be raised to a level equal to that of large industrial electricity, that is, from 0.43 yuan/kWh to 0.5 yuan/kWh. However, this increase was collectively rebounded by electrolytic aluminum companies in the province. Since then, the government has had to make concessions, and the increase is finally set at 0.03 yuan / kWh. In fact, this increase is not the same for all companies. Henan Province is divided by the size of enterprises, and the price increase of large enterprises is lower than that of small enterprises.
How large-scale enterprises are big companies? In this regard, Henan Province has not made a clear definition, only listed a list of several listed companies, of which listed companies such as Zhongfu Industrial (600595) and Shenhuo (000933) have no suspense status.
In fact, Henan Province, which is dominated by high-energy-consuming industries, took the lead in “save†enterprises during the financial crisis. The first pilot power generation party and electricity consumers “many-to-many†direct purchase of electricity transactions. Fallen into a variant of preferential electricity prices. Today, Henan has naturally become the first province to be “openedâ€.
Electricity cost increase signal
The National Development and Reform Commission has clarified that it will continue to implement differential electricity price policies for eight industries of electrolytic aluminum, ferroalloy, calcium carbide, caustic soda, cement, steel, yellow phosphorus and zinc smelting, and will limit the price increase of electricity prices from June 1, 2010. From the current 0.05 yuan per kWh to 0.10 yuan, the electricity price increase standard implemented by the eliminated enterprises increased from 0.20 yuan per kWh to 0.30 yuan. Such a price increase, the first "injured" should be the large electricity user - electrolytic aluminum.
However, the industry has questioned the enforcement of the notice. "Since the local government has proposed preferential electricity prices, it is definitely difficult to abolish now." An analyst who did not want to be named believes that the economic development of the provinces that propose preferential tariffs mostly relies on high-energy-consuming industries, and local governments are implementing them. It is inevitable that this "clearing" policy will be discounted. In addition to Henan, Gansu, Inner Mongolia, Yunnan and other central and western provinces and autonomous regions have the task of clearing preferential electricity prices in the future. The implementation effect remains to be seen.
"It can only be said that this policy is a signal that the price of electricity has been rising for a long time." A trade researcher at CBI said that the cancellation of preferential electricity prices in the short term will inevitably push up the production costs of power companies, but taking into account local execution. With the release of production capacity, the future support for the price of electrolytic aluminum is not obvious. Zhang Wei believes that the most direct impact of this policy is to increase the cost gap between the enterprises in the same industry and the enterprises in the restricted and eliminated enterprises, and further expand the large-scale enterprises to achieve the elimination of backward production capacity.
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