China’s dual tariff plan for Shandong’s gas-fired power to boost gas demand

China’s Shandong province has issued a draft for public comments on the implementation of a two-part on-grid tariff mechanism for local natural gas-fired power plants, according to a notice from Shandong Provincial Development and Reform Commission in the week ended Feb. 25, with the move expected to boost gas demand. The mechanism divides the on-grid tariff into two parts –…