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NDRC official document: 0.65 yuan, 0.75 yuan, 0.85 yuan, distributed photovoltaic power generation price is not adjusted!
Mar 11, 2018

To promote the revolution of energy supply, and promote the sustained and healthy development of renewable energy industry, timely reflect the different types of new energy power generation technology, cost reduction, reasonable guide the investment of new energy to the load centers, timely implementation of parity on the Internet, ease subsidies funding gap, the national development and reform commission recently issued a circular, resource area to reduce the photovoltaic power station, onshore wind power feed-in tariff, benchmarking distributed photovoltaic subsidies standards and offshore wind electricity price benchmarking is not adjusted.

Notification, after January 1, 2017, a class to three kinds of resources of new photovoltaic power station benchmarking feed-in tariff adjustment respectively per kilowatt hour 0.65 yuan, 0.75 yuan and 0.75 yuan, more than 2016 per KWH electricity cut 0.15 yuan, 0.13 yuan and 0.13 yuan. At the same time, it is clear that future pv benchmark price will be adjusted annually according to the change of cost. After January 1, 2018, 1 to four resource area new approved construction land wind power feed-in tariff adjustment respectively benchmarking per kilowatt hour 0.40 yuan, 0.45 yuan, 0.45 yuan and 0.57 yuan, more than 2016-2017 per KWH electricity cut 7 points, 5 points, 5 points, three points.

In order to continue to encourage the development of distributed photovoltaic and offshore wind power, the notice stipulates that the standard of distributed photovoltaic power generation subsidy and the benchmark electricity price of offshore wind power shall not be adjusted. At the same time, to give greater play to the role of market formation prices, the notice encourages local governments to continue to determine the owners of various new energy projects and the feed-in tariff rate through competitive bidding and other market competitions.

China's photovoltaic technology has advanced rapidly, and the efficiency of photovoltaic module manufacturing and photoelectric conversion has reached the world's advanced level. Adjusted benchmarking a feed-in tariff, under the existing technical level to guarantee photovoltaic power projects get reasonable profits, to maintain the new energy project investment attraction, promoting healthy development of the photovoltaic industry chain all. At the same time, keep the distributed photovoltaic don't reduce price, to lower the price of the eastern part of photovoltaic power generation, less beneficial to the optimal layout reasonable guide the photovoltaic industry, encourage the eastern region nearby the development of new energy, reduce the coal consumption and greenhouse gas emissions, improve air quality.

The appropriate reduction of the electricity price of photovoltaic power stations and onshore wind power benchmark will help reduce the pressure on the growth of new energy subsidies. According to the current development speed of photovoltaic and wind power, the annual subsidy demand for photovoltaic power stations will be reduced by about 4.5 billion yuan each year after the benchmark grid tariff is lowered in 2017. In 2018, the price of onshore wind power will also be reduced, which will reduce the demand for new onshore wind power subsidies by about 1.5 billion yuan each year, which will reduce the demand for new subsidies by about 6 billion yuan each year.

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