National Energy Administration: Pilot project of hydropower and thermal power will be launched in the near future

Zhang Guobao, deputy director of the National Development and Reform Commission and director of the National Energy Administration, said on the 19th that the pilot price of hydropower and thermal power will be launched in the near future to increase the relatively low price of hydropower. However, it is still difficult to fully implement the same price work of hydropower and thermal power.
Zhang Guobao said at the high-level forum on sustainable development of hydropower that at present most of China's hydropower prices are lower than thermal power, and the National Development and Reform Commission will take the opportunity to carry out pilot projects on the same price of hydropower and thermal power, and solve the problems in areas with contradictions. Zhang Guobao said that if the principle of homogeneity and price is the same, the prices of hydropower and thermal power should be exactly the same, but this will inevitably increase the cost of acquiring power generation, and it is still difficult to fully implement it.
The data shows that in 2008, the annual hydropower generation capacity was 563.3 billion kWh, and the hydropower installed capacity accounted for 21.6% of the national installed capacity. The power generation accounted for 16.4% of the national power generation, second only to the proportion of thermal power. Regarding the follow-up measures to increase the price of hydropower, Zhang Guobao said that he will consider granting certain subsidies to immigrant areas.

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