Economic Daily article: Rising charging prices are not closely related to "using oil for power generation"

The article points out that currently, there is fundamentally no situation in our country where there is “large-scale oil-fired power generation.” Data provided by the National Energy Administration show that our country’s power mix is mainly based on coal-fired power, hydropower, wind power, and solar power; the share of oil-fired power generation is extremely low, and it is used only as emergency backup in remote areas, with almost no impact on electricity prices nationwide. The so-called claim that “oil-fired power generation drives up charging costs” is nothing more than a misreading of our country’s energy structure. Moreover, in recent times, basic electricity prices in China have not generally risen across the board. Judging from the spot market prices disclosed by power trading centers across different provinces, in March the electricity price trend showed some degree of small fluctuations within a certain range, but there was no substantive price surge.

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