National Development and Reform Commission: The investment in copper, aluminum, zinc and other commodities has slowed down and prices are rising, and a stricter step-by-step electricity price system for the electrolytic aluminum industry will be implemented

On September 16th, at the September press conference held by the National Development and Reform Commission, some media asked the National Development and Reform Commission and the Reserve Bureau of the recent release of copper, aluminum, zinc and other commodities. What is the current implementation effect? What are the considerations for the next step?

Li Hui, deputy director of the Comprehensive Department of the National Development and Reform Commission, said that in accordance with the deployment of the State Council’s executive meeting on ensuring the supply of bulk commodities and stabilizing prices, in order to alleviate the pressure on the cost of raw materials for enterprises and play a role in the regulation of the reserve market, the State Bureau of Grain and Material Reserves The third batch of national reserves of copper, aluminum and zinc was released on 1st, totaling 150,000 tons. Up to now, the three batches have accumulated 420,000 tons of copper, aluminum and zinc.

All parties in the market have responded enthusiastically to the release of reserves, stabilizing market expectations, easing the upward trend of copper, aluminum, and zinc prices to a certain extent, demonstrating the country’s determination to carry out bulk commodity market regulation; through open online bidding and the design of relevant rules, the majority of small and medium-sized enterprises Cnc Machining and manufacturing enterprises have been able to fully participate and purchase raw materials at prices slightly lower than the market level, earning real benefits. In the second and third batches, downstream Cnc Machining enterprises in severely affected areas such as Henan accounted for a considerable proportion of transactions, which also helped relieve the impact of the disaster.

At present, the prices of copper, aluminum and zinc are still operating at a high level, and industry enterprises have strong expectations for maintaining the supply and stabilizing prices of bulk commodities. In the next step, the National Development and Reform Commission will closely track and monitor market price trends and changes in the supply and demand situation, and continue to put national reserves on the market to ease the contradiction between supply and demand in the industry and guide the return of reasonable prices.

Some media inquired that since May, the National Development and Reform Commission has intensively introduced electricity price reform measures to achieve the dual-carbon goal, which has received high attention and positive comments from all quarters. Can you tell us about the situation of accelerating the reform of electricity prices, and what other reform measures will be introduced?

Peng Shaozong, deputy director of the Price Department of the National Development and Reform Commission and a first-level inspector, said that in accordance with the decisions and arrangements of the Party Central Committee and the State Council, the National Development and Reform Commission has accelerated the reform of electricity prices this year, innovated the pumped storage pricing mechanism, introduced new energy parity online policies, and optimized Peak-to-valley time-of-use electricity pricing mechanism and implementation of a more stringent step-by-step electricity pricing system for the electrolytic aluminum industry. The introduction of these four key reform measures has received high attention and positive comments from all quarters.

One is to innovate the price mechanism of pumped storage. It is clear that the electricity price of pumped storage electricity will be established in a competitive manner, the capacity electricity fee will be included in the recovery of the transmission and distribution price, and the connection with the construction and development of the electricity market will be strengthened to release a clear and strong price signal, giving investors a “reassurance” for pumping water Accelerated development of energy storage has injected strong impetus.

The second is to introduce a new energy parity online policy. It is clear that starting from this year, new wind power and photovoltaic power generation will enter the parity stage. The implementation of the benchmark price for coal-fired power generation this year can ensure that new projects can achieve better returns and will strongly promote the accelerated development of the new energy industry.

The third is to optimize the peak-to-valley time-of-use price mechanism. For places where the peak-to-valley difference of the power system exceeds 40%, it is clear that the ratio of the peak-to-valley power price is not less than 4:1 in principle, and all regions are required to establish a peak power price mechanism, and further increase the peak power price on the basis of the peak power price20 %. This can give full play to the role of electricity price signals, guide power users to cut peaks and fill valleys, promote the consumption of new energy, and promote the development of energy storage in a larger space. It will play a role in ensuring the stable supply of peak power and improving the overall utilization efficiency of the power system. Important role.

The fourth is to implement a more stringent tiered electricity price system for the electrolytic aluminum industry. Before 2025, the electrolytic aluminum industry will raise energy efficiency requirements in three steps, implement progressive price increases for companies that fail to meet the requirements, and issue a clear warning to electrolytic aluminum, a high-energy-consuming industry that consumes more than 500 billion kWh of electricity per year. Signals continue to force companies to save energy and increase efficiency and reduce carbon emissions.

Accelerating the reform of electricity prices is an important measure taken by the National Development and Reform Commission to implement Xi Jinping’s thoughts on ecological civilization and implement the deployment of the Party Central Committee and the State Council on carbon peaking and carbon neutrality. The above-mentioned series of electricity price reform measures recently introduced are of great significance for accelerating the construction of a new power system with new energy as the main body based on the current and long-term perspective, and ensuring the safe and stable economic operation of the power system. At the same time, these electricity price reform measures will effectively stimulate investment in pumped storage, wind power photovoltaics, new energy storage construction, and energy-saving technological transformation of the electrolytic aluminum industry. In the next few years, it is expected to drive up and downstream industries to increase social investment of tens of trillions of yuan. The effect on the smooth operation of the economy will gradually become apparent. For example, the new pumped storage price policy will guide the new construction scale of pumped storage during the “14th Five-Year Plan” period to exceed 100 million kilowatts. Considering upstream and downstream industries, it will drive new social investment to more than 1 trillion yuan.

In the next step, the National Development and Reform Commission will thoroughly implement the deployment of the Party Central Committee and the State Council on carbon peaking and carbon neutrality, and will continue to deepen the reform of electricity prices around the construction of a new power system with new energy as the mainstay. The action plan for deepening the reform of the price mechanism during the “14th Five-Year Plan” period issued in the first half of the year has made overall arrangements for the reform of electricity prices for a period of time in the future. Recently, the new trans-provincial and trans-regional special project transmission price pricing method has completed the public comment procedure and will be introduced soon. We are also accelerating the research and improvement of the green electricity price system, improving the nuclear power price formation mechanism, and deepening the reform of the catalog sales electricity price. We will step up efforts to improve policies and promote their implementation, further utilize the electricity price signal and leverage, optimize the allocation of power resources, and serve the green and low-carbon transformation. develop. Please continue to care and support the price reform work, and provide more valuable opinions and suggestions.