Domestic energy is facing the pressure of comprehensive price increases

Domestic energy is facing the pressure of comprehensive price increases

Yu Yanshan, deputy secretary-general of the China Energy Research Association, said at the “2011 Energy Situation Analysis and Outlook” research meeting that domestic oil, gas and electricity prices will face all-round upward trend and pressure in 2011. However, in view of the current inflationary pressure, the government may adopt a means of repression, which may bring about the tension of energy supply.

"Power loss does not represent power loss"

Yu Yanshan disclosed that in the power industry, coal prices in the national market rose by 24% in 2010, but the electricity price of power companies did not adjust. In 2010, thermal power companies have suffered a total loss. Take the five major power groups of central enterprises as an example. Last year, thermal power losses It reached 12.4 billion yuan, a year-on-year decrease of 14.6 billion yuan. In 2011, electricity prices face upward pressure.

In addition, with regard to natural gas, the next step is to face upward pressure as domestic demand for natural gas grows. In terms of oil prices, if the international oil prices continue to rise in the future, according to the current refined oil pricing mechanism, domestic refined oil prices will also face upward pressure.

"The current increase in electricity prices is indeed facing a dilemma. According to past experience, if the price of electricity is raised, coal prices may rise soon afterwards, which will again put pressure on the price increase. There is currently no good way to solve this problem." Yanshan said.

Regarding the pressure of electricity price hikes, some people in the power industry told reporters that although the total loss of thermal power generation in 2010 does not mean that the power industry has suffered a total loss. In 2010, the overall profit of the five major power generation groups exceeded 22 billion, which is an increase over the previous year. The current losses are mainly due to thermal power losses in the central and western regions, thermal power in the eastern region is still profitable, and the hydropower, coal, and Energy and other industries are industries with good profitability.

"Uncertainty is the demand situation"

"Any pressure on energy prices will surely bring about tight supply." Yu Yanshan said that the most uncertain factor in domestic energy supply in 2011 was the demand situation. On the one hand, the government just announced that it would invest 1.3 trillion yuan to build 10 million units in 2011. Safe housing, which will stimulate the consumption of high energy-consuming products such as cement and steel, but if the price is suppressed, it may cause supply shortages.

The China Energy Research Association was established in 1981 and is composed of experts and scholars in the field of energy in China. The current chairman is Chai Songyue, chairman of the former Supervisory Commission.

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