. Medical and Hospital News .




.
ENERGY NEWS
China raises power price for plants: state media
by Staff Writers
Beijing (AFP) May 30, 2011

China has increased the cost of electricity for industrial use in some regions, state media reported Monday, as the country struggles with power shortages led by soaring demand and a severe drought.

Power prices for plants have been raised by 20 yuan ($3.10 dollars) per 1,000 kilowatt-hours, the Xinhua news agency said, citing the National Development and Reform Commission, China's top economic planning body.

The report did not say which regions would be affected, or what the new prices would be.

The price of electricity for residential use remains unchanged, according to the report.

Businesses in coastal areas and some inland provinces have grappled with power cuts and full blackouts since March due to surging demand and a drop in hydroelectric output, Chinese media reported previously.

The drought plaguing central China for months has left millions of people without proper drinking water and crimped output of hydroelectric power, China's second-biggest energy source after coal, they said.

The government in April raised prices utility companies pay for electricity in 16 provinces in a bid to boost the flagging bottom lines of power producers as coal costs spiked, according to earlier state media reports.

Although authorities have so far kept residential power prices unchanged, concerns are on the rise that the hikes may eventually spill over to hurt consumers, fuelling the country's already high inflation.

China's consumer price index, which is a key gauge of inflation, rose 5.3 percent year on year in April -- slightly down from a 32-month high of 5.4 percent in March but well above Beijing's four percent target for 2011.

The government, ever wary of surging inflation's potential to trigger social unrest, has taken a series of measures to rein in soaring prices, including a ban on diesel exports to keep fuel costs in check.




Related Links


.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries






. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



ENERGY NEWS
Carbon emissions at highest levels ever: report
London (AFP) May 30, 2011
Carbon emissions are at their highest ever levels, stoking fears of a global temperature rise over the "dangerous" two degrees Celsius threshold, data seen by the Guardian newspaper showed Monday. Unpublished estimates from the International Energy Agency revealed that the world economy's return to growth in 2010 coincided with a 1.6 gigatonne rise in carbon dioxide emissions, the highest ev ... read more


ENERGY NEWS
Blast at Japan nuclear plant 'likely gas cylinder'

Japan PM could face no-confidence motion

High radioactivity found in Japan nuclear workers

Japanese unhappy with atomic crisis response: poll

ENERGY NEWS
EU to launch Galileo satellites this fall

Galileo: Europe prepares for October launch

EU announces launch date for first Galileo satellites

Europe's first EGNOS airport to guide down giant Beluga aircraft

ENERGY NEWS
Scientists trick the brain into Barbie-doll size

New level of genetic diversity in human RNA sequences uncovered

Standing up to fight

Most common form of inherited intellectual disability may be treatable

ENERGY NEWS
Policing stops cheaters from dominating groups of cooperative bacteria

Reindeer see a weird and wonderful world of ultraviolet light

Biological Circuits for Synthetic Biology

TV, Internet harming protection of biodiversity: UN

ENERGY NEWS
Mysterious bacterial outbreak in Europe

Discrimination in China hinders AIDS fight

Weather forecast could predict cholera outbreaks: study

The 30 Years War: AIDS, a tale of tragedy and hope

ENERGY NEWS
China vows to address Mongol grievances

China clamps down on Mongolian protests

US museums walk tightrope after China arrest

China clamps down on Inner Mongolia to quash demos

ENERGY NEWS
South Korea jails Somali pirates

US Navy recruits gamers to help in piracy strategy

Danish crew free Somali pirate hostages

Cargo ship, China crew rescued from pirates

ENERGY NEWS
Japan PM moves toward tax rise: media

Moody's may cut Japan debt rating in three months

Signs of recovery in Japan, debt a worry

Millionaires hold 39% of global wealth: study


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement