Rising electricity prices are not closely related to "oil-powered generation." There is no large-scale oil-fired power generation in our country.

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At present, there is fundamentally no situation in our country of “large-scale oil-fired power generation.” Data provided by the National Energy Administration shows that our country’s power generation mix is mainly coal-fired power, hydropower, wind power, and solar power, with the share of oil-fired power generation extremely low. The so-called claim that “oil-fired generation pushes up charging costs” is, in fact, a misreading of our country’s energy mix. The sense of “price increases” comes more from electric vehicle owners using public charging stations. Starting from March 1 of this year, for operating entities that directly participate in market transactions, market-based dynamic pricing will be implemented across the board, and the time-of-use electricity price levels and time periods will no longer be set artificially. In places where “time-of-use electricity pricing” has already been abolished, if electric vehicle owners do not promptly understand the newly fluctuating electricity price patterns, they may very possibly treat the market-adjusted peaks, or even the peak and super-peak periods, as the off-peak or valley times under the prior time-of-use pricing regime, mistakenly believing that charging has become more expensive. In addition, part of the increase in charging prices is a normal pass-through of operating costs, which should be viewed rationally. (Economic Daily)

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