The electricity price increase in the five southern provinces.
In response to the recent temporary rise in electricity spot market prices in the southern provinces of Guangdong, Guangxi, Yunnan, Guizhou, Hainan, etc., the Southern Power Grid has made the latest response. On April 28th, the official WeChat account of Southern Power Grid, "Nanwang 50Hz," announced that since the end of March, due to factors such as strong electricity demand, fluctuation of clean energy, and concentration of unit maintenance, the spot market prices of electricity in the southern region have temporarily risen. However, overall electricity supply meets demand. As spot electricity accounts for a small percentage, the impact on electricity prices for users is limited, and the situation is expected to gradually ease with the onset of the flood season for hydropower in the southwest.
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