Inner Mongolia has vigorously pushed ahead electricity market reform since this year. It has carried out a series of electric power policies to boost industrial and economic restructuring and ensure steady growth. At the moment, the region has developed a mature coal-based electricity industrial system.
The region has fostered a group of large-scale companies that engage in non-ferrous metal metallurgy, chloralkali, coal and nature gas-based chemical businesses. The nonferrous metals and chloralkali and coal chemical sectors have witnessed fast development, while the photovoltaic industry, cloud computing and new materials have maintained good development momentum. The whole region produced 7,306 tons of polycrystalline silicon from January to August, up 68.8 percent year-on-year, and 5,229 tons of monocrystalline silicon, up 32 percent year-on-year. A group of cloud computing projects have settled in Hohhot, Baotou and Erdos.
At the same time, the implementation of the electricity policy has boosted the region’s power use. Inner Mongolia’s industrial power consumption increased by 13 billion kilowatt-hours from January to August, creating an extra of 52 billion yuan in industrial added value and 6.5 billion yuan in tax revenue. Power generating enterprises, especially the thermal power generation ones, have run their power generation equipment 160 hours more than the same period last year, increasing power by 17.2 billion kilowatt-hours, effectively easing the power supply for downstream coal companies. They helped convert more than 7 million tons of coal. The whole region’s industrial power use reached 137.1 billion kilowatt-hours, up 10.48 percent, ranking second in terms of growth rate nationwide, or 6.68 percentage points higher than the national average.
Edited by Michael Thai