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Time-Of-Use Pricing Could Help China Manage Demand, Emmett Pepper
Time-Of-Use Pricing Could Help China Manage Demand, Emmett Pepper
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As China’s middle class continues to grow, it will likely cause additional stress on electricity grids with the increase in use of air conditioning and other electrical appliances. If China implements a real time pricing model soon it could create a regulatory scheme that avoids the problems Western countries encountered in their attempts to manage demand through time-based pricing.