Wind power and photovoltaic benchmark electricity price reduction ushered in the
发布时间：2016-01-07
After the Executive meeting of the State Council decided to reduce the on-grid electricity price of coal-fired power generation, the National Development and Reform Commission posted a notice on its website on December 24, requiring to reduce the benchmark on-grid electricity price of onshore wind and photovoltaic power generation. The NDRC circular specifically mentioned that the revised benchmark electricity pricing policy will continue to provide strong support for the new energy industry. After the price adjustment, the benchmark price for onshore wind power projects in a class of resource areas will reach 0.44 yuan in 2018, while the adjusted benchmark price for coal-fired power plants this year is only around 0.4 yuan, further narrowing the gap.
Wind power and photovoltaic benchmark electricity price reduction ushered in the policy balance of new energy investment
After the Executive meeting of the State Council decided to reduce the on-grid electricity price of coal-fired power generation, the National Development and Reform Commission posted a notice on its website on December 24, requiring to reduce the benchmark on-grid electricity price of onshore wind and photovoltaic power generation.
Specifically, the on-grid benchmark price of onshore wind power projects will be reduced by 2 cents and 3 cents respectively in 2016 and 2018 in the first, second and third resource areas, and 1 cent and 2 cents respectively in the four resource areas. In 2016, the benchmark electricity price of photovoltaic power generation will be reduced by 10 cents and 7 cents respectively in class I and Class II resource areas and 2 cents in class III resource areas. It is worth noting that after the price adjustment, the benchmark feed-in tariff for onshore wind power projects in a class of resource areas will reach 0.44 yuan in 2018, while this year's adjusted feed-in tariff for coal-fired power generation is only around 0.4 yuan, further narrowing the gap.
Lin Boqiang, director of the China Center for Energy Economics research at Xiamen University, called the move "very modest." He introduced that the current cost of new energy power generation in China has been significantly reduced, but the overall power demand is relatively weak, so the reduction of the benchmark electricity price is conducive to the long-term development of wind power and photovoltaic power generation.
In the "energy revolution" and the economic downturn in the big loop
