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2017 ground-mounted photovoltaic electricity prices: 0.65, 0.75, 0.85 yuan/Kwh; distributed: 0.42 unchanged
Release time:
2016-12-29
To promote a revolution in energy supply, facilitate the sustainable and healthy development of the renewable energy industry, timely reflect the progress and cost reduction of different types of new energy power generation technologies, reasonably guide investment in new energy to load-concentrated areas, achieve grid parity on schedule, and alleviate the gap in subsidy funds, the National Development and Reform Commission recently issued a notice to reduce the benchmark on-grid electricity prices for photovoltaic power stations and onshore wind power in different resource zones. The subsidy standards for distributed photovoltaic power generation and the benchmark electricity prices for offshore wind power remain unchanged.
To promote a revolution in energy supply, promote the sustainable and healthy development of the renewable energy industry, timely reflect the progress and cost reduction of different types of new energy power generation technologies, reasonably guide new energy investment to load-concentrated areas, achieve grid parity on schedule, and alleviate the gap in subsidy funds, the National Development and Reform Commission recently issued a notice to lower the benchmark on-grid electricity prices for photovoltaic power stations and onshore wind power in different resource zones, while the subsidy standards for distributed photovoltaic power generation and the benchmark electricity price for offshore wind power remain unchanged.
The notice stipulates that after January 1, 2017, the benchmark on-grid electricity prices for newly built photovoltaic power stations in resource zones of categories one to three will be adjusted to 0.65 yuan, 0.75 yuan, and 0.85 yuan per kilowatt-hour, respectively, which is a reduction of 0.15 yuan, 0.13 yuan, and 0.13 yuan per kilowatt-hour compared to the 2016 prices. At the same time, it is clarified that in the future, the benchmark photovoltaic electricity Price will be adjusted once a year according to cost changes. After January 1, 2018, the benchmark on-grid electricity prices for newly approved onshore wind power projects in resource zones of categories one to four will be adjusted to 0.40 yuan, 0.45 yuan, 0.49 yuan, and 0.57 yuan per kilowatt-hour, respectively, a reduction of 7 fen, 5 fen, 5 fen, and 3 fen per kilowatt-hour compared to the 2016-2017 prices.
To continue to encourage the development of distributed photovoltaics and offshore wind power, the notice stipulates that the subsidy standards for distributed photovoltaic power generation and the benchmark electricity Price for offshore wind power will remain unchanged. At the same time, to maximize the role of market price formation, the notice encourages local authorities to continue using Bidding and other market competition methods to determine the owners and on-grid electricity Prices of various new energy projects.
China's photovoltaic industry has made rapid technological progress, with photovoltaic component manufacturing and photoelectric conversion efficiency reaching world-advanced levels. The adjusted benchmark on-grid electricity Price, under the current technological level, can ensure that photovoltaic power generation projects obtain reasonable returns, continue to maintain the attractiveness of new energy project investment, and promote the healthy development of the entire photovoltaic industry chain. At the same time, maintaining the Price of distributed photovoltaic power generation without lowering it, and lowering the Price of photovoltaic power generation in eastern regions less, is conducive to reasonably guiding the optimal layout of the photovoltaic industry, encouraging the development of new energy in eastern regions, reducing coal consumption and greenhouse gas emissions, and improving air quality.
Appropriately lowering the benchmark on-grid electricity Prices for photovoltaic power stations and onshore wind power is conducive to alleviating the pressure on the growth of new energy subsidies. According to current calculations of the development speed of photovoltaics and wind power, after the benchmark on-grid electricity Price for photovoltaic power stations is lowered in 2017, the annual subsidy demand for newly added photovoltaic power stations will be reduced by approximately 4.5 billion yuan; after the onshore wind power Price is also lowered in 2018, the annual subsidy demand for newly added onshore wind power will be reduced by approximately 1.5 billion yuan, totaling a reduction of approximately 6 billion yuan in annual new subsidy demand.
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