We had gain access of cheap electricity and high power capacity.
Does anyone know what "cheap electricity" can realistically mean in China?
The equivalent of about $0.1/kWh? More? Less?
I realize we can't know for sure, but maybe someone knows what is possible in China.
There's not going to be any cheap power in China. They have problems with pollution and smog due to the fact that around 80% of their electricity production is fossil-based (and about 60% of that is coal). Hell they are still trying to stop people from burning coal in their little 30m
2 flats for heat. Pushing these people into the electricity market is sure to put a burden on their already strained grids. Presently they are implementing incentives for solar, wind, gas and other "clean" energy alternatives and pushing a conservation agenda with a tiered rating structure based on consumption which means higher rates with higher consumption.
The cheap power is in Washington state, good ole USA.
The rates I have seen for China are $0.08 USD/kWh and up for residential and $0.12 USD/kWh and up for non-residential, non-industrial. There is cheap power for farmers in poor areas which is around $0.03USD/kWh but you don't want to get caught running a mining farm there or you will surely be a friedcat.