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What does the benchmark coal price mean?
What does the benchmark coal price mean?

What does the benchmark coal price mean? In 2004, China announced the unified on-grid electricity price level of coal-fired units for the first time, and made appropriate adjustments in the following years according to the changes in coal-fired costs of power generation enterprises. What does the benchmark electricity price mean?

What does the benchmark coal price mean? 1 On-grid benchmark price of desulfurization coal (also known as on-grid benchmark price of coal-fired units and on-grid price of coal-fired power generation) is the electricity price sold by coal-fired power companies to power grid companies.

In the distributed field, this electricity price is needed to calculate the income of the surplus power grid for spontaneous use. Surplus electricity on-grid refers to the local benchmark on-grid electricity price of desulfurized coal when the surplus electricity is not used up and sold to the State Grid.

For example, the on-grid electricity price of coal-fired power generation in Guangdong Province in 2065438+2007 was 0.4530. If you are a distributed user in Guangdong province and use the mode of self-use surplus electricity to access the Internet, the price you sold to the State Grid this year is 0.4530.

What does the benchmark coal price mean? The so-called "benchmark electricity price" refers to the unified pricing policy based on the regional or provincial average cost for new power generation projects on the basis of operating period electricity price in order to promote the market-oriented reform of electricity price. The benchmark electricity price is announced to the public in advance. In 2004, China announced the unified on-grid electricity price level of coal-fired units for the first time, and made appropriate adjustments in the following years according to the changes in coal-fired costs of power generation enterprises.

vital functions

First, by announcing the benchmark electricity price to the public in advance, we can provide investors with a clear electricity price level, stabilize investors' investment expectations and provide price signals for investment decisions. Moreover, by setting and adjusting the benchmark electricity price, the government encourages or inhibits power investment and adjusts the power investment structure, which promotes the optimal allocation of resources and the rational flow of capital.

The second is to urge power generation enterprises to strengthen internal management and promote fair competition among power generation enterprises. The difference of profit level of each power plant after the implementation of unified benchmark electricity price reflects the level of enterprise project management and operation management. The pursuit of profit urges enterprises to push back benchmark cost and benchmark production cost with benchmark electricity price, and control costs by strengthening internal management. The competition between power generation enterprises has evolved into the competition of cost and operating cost, which makes the cost level of power generation enterprises decline and the operating efficiency improve.

Third, it laid the foundation for the gradual transition to the electricity market. After various electricity prices are gradually merged, the new investment projects are limited by the benchmark electricity price, and the cost is gradually approaching. Power generation enterprises are gradually standing on the same starting line, and have the strength base of bidding for internet access, which is conducive to the transition to the power market.