China is mulling over imposing capacity fees on industrial and commercial users from 2024 to compensate local utilities for the coal-fired power capacity they have built in recent years, Bloomberg reported on Tuesday, quoting a draft of the plan it had seen. Industrial and commercial power users would be charged an additional capacity fee on top of their electricity bills if the plan is adopted. The Chinese National Development and Reform Commission (NDRC) has been circulating the proposal to electricity providers for feedback, according to Bloomberg. …
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