Starting from January 10, 2021, Shanxi will implement a trial ultra-low emission differentiated electricity price policy for the province’s steel industry. It stipulates that for steel companies in the province that have not completed ultra-low emission transformation as required, the electricity purchased online for production will be implemented. The price increase policy will stop increasing the price until it completes the ultra-low emission transformation task and passes the evaluation and monitoring.
The specific provisions are as follows:
The scope of implementation covers steel enterprises in Shanxi Province, including steel complex enterprises, independent iron-making enterprises, independent steel rolling enterprises, independent pellet enterprises, castings and ferroalloy enterprises with sintering (pellets) or blast furnaces.
Promoting the implementation of ultra-low emissions in the steel industry is an important measure to promote high-quality development of the industry, promote industrial transformation and upgrading, and help win the battle to defend the blue sky.
The increased revenue from ultra-low emission differentiated electricity prices for steel companies will be fully paid to the provincial treasury as government non-tax revenue and included in general public budget management. 5% will be used to make up for the increased costs of implementing differentiated electricity prices, and 95% will be used for overall planning. Expenditures related to air pollution prevention and control in the province