Electricity consumption in the Sichuan-Yunnan Bitcoin mine is being pressured by greater pressure, and the amount of direct electricity supply is increasing
Wu said blockchain learned that recently industry insiders are generally concerned that profits from the national grid have plummeted, huge losses on provincial power grids, or pressure on hydropower plants and mines in places such as Sichuan and Yunnan will have a negative impact.
On July 22, Mao Weiming, chairman of the State Grid Corporation and Party Secretary, revealed at the mid-year meeting that the net profit of the State Grid in the first half of this year was 5.66 billion yuan, a year-on-year decrease of 81%. In the “National Electricity Supply and Demand Situation Analysis and Forecast Report for the First Half of 2020" released by the China Telecommunication Union on July 29, the China Telecommunication Union also revealed this information — the overall loss of power transmission and distribution business in the national power supply industry in the first half of the year, and provincial power grid companies lost nearly 70% of their losses.
The net loss of the State Grid in the first quarter was 926 million yuan, down 106.03% from the previous year's net profit of 15.358 billion yuan in the same period last year. Mainly because of the impact of the pandemic, of course. From this perspective, the national grid revenue has already recovered to a certain extent in the second quarter.
However, at the same time, due to the need to stimulate the economy due to the need to stimulate the economy, the “policy to promote the reduction of enterprise production and operation costs and reduce industrial and commercial electricity prices by 5%” proposed in the State Council government work report was extended until the end of the year. The national grid is facing greater revenue pressure. The proposal put forward by the China Telecommunication Union is to raise funds for general industrial and commercial electricity price reduction through multiple channels; clarify who cross-subsidize, and resolve the issue of cross-subsidized electricity prices.
For mines, “raising funds for general industrial and commercial electricity price reduction through multiple channels” means that direct electricity supply from hydropower plants will be cracked down on, mining electricity will be included in the revenue category of the national grid, and electricity consumption will be supported; “clarifying cross-subsidized subjects to solve the electricity price cross-subsidy problem” may clean up subsidy projects such as big data in northwest China and other places.
Mountain rain is about to fill the building. Some mine owners have revealed that they have received signs of contraction and are worried. However, in the opinion of Sichuan Government Document No. 26 on the reform of the Sichuan Electric Power System in '18, it was proposed to actively and steadily explore and promote “dedicated line power supply” and “direct power supply” pilot projects, carefully formulate pilot plans, and carry out pilot projects for the construction of hydropower consumption industry demonstration zones near power supply points with serious water waste. Therefore, power plant owners are also fighting for the survival of direct power supply based on this article.
Since this year, power grid companies in Sichuan, Yunnan and other places have continued to launch activities to clean up direct power supply. Yunnan Power Grid published an article on April 13, stating that according to preliminary screening of the comprehensive electricity consumption rates of 134 hydropower plants and 11 thermal power plants included in provincial balance regulation in 2019, the comprehensive electricity consumption rate connected to the grid in most cities was abnormally high to varying degrees. The document calls for a comprehensive clean-up of the problem of unauthorized power transfer in grid-connected power plants.
The Sichuan State Grid issued a document on May 28 calling for regulation and control of electricity supply to illegal plants, but avoiding a “one-size-fits-all” regulation and management method. For those that meet the policy requirements and are willing to connect to the public grid, make every effort to provide good services; for power plants and power supply enterprises that refuse to rectify unauthorized direct supply practices, relevant issues will be dealt with in accordance with the law and regulations.
Recently, electricity consumption has peaked due to high temperatures in Sichuan and Chongqing, requiring load allocation. As a result, a large number of mines have lost power. There are also concerns among miners that the power grid level is using this to knock on the mine's electricity consumption.According to the miner's statement to the mining network, the power grid frequently draws the load from hydropower stations for a short period of time this year. The purpose is to make direct power supply mines lose power frequently and force miners to use the park's electricity. There are some old sites that used to have very stable direct power supply. This year, electricity was frequently switched by the power grid and power outages have caused the miners to suffer. Mining machines have also been damaged a lot due to frequent power outages.
However, there is also good news. The Baihetan Power Station, which was originally scheduled to mainly transmit electricity to the outside world, has left a certain amount of electricity to be supplied to Sichuan and Yunnan. The first batch of units is scheduled to generate electricity in July next year, or to ease the shortage of electricity to a certain extent, which is beneficial to next year's flood season.
Source: Wu Says Blockchain Real
