Sergey Kondratiev, Principal Director on Economic Studies at the Institute for Energy and Finance, commented on the increase in prices for electricity supplies to China to InfoTEK.
Sergey Kondratiev told that for China it was a relatively small increase. In August, China imported electricity from Russia at $42.9/MWh, i.e. the adjusted price will be $45.9/MWh, this price will be higher than, for example, the cost of supply from neighboring North Korea ($43.5/MWh), but significantly lower than prices on the wholesale market in the North-eastern provinces of China ($60/MWh). In his opinion, even the increased prices are attractive for China.
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