PV on grid prices or slashed solar thermal power generation cost pressure

Polaris solar PV net news: on September 29, the national development and Reform Commission issued the notice of new benchmark concerning the adjustment of the new energy price (draft for soliciting opinions), new benchmark for new energy prices to come down. Related to photovoltaic, offshore wind energy, biomass energy and other new energy technologies, but did not make it clear that solar thermal power generation.

Says new benchmark will continue to implement the new energy prices fall back just mechanism, the price range is very large, and especially the PV price most, fell by a staggering 23.5%~31.3%. PV power station a, II, three categories of resources price adjustment is 0.55, 0.65 and 0.75 Yuan, compared with the existing price standards respectively, reduced by 0.25 Yuan, 0.23 Yuan and 0.23 Yuan, new policy execution time is January 1, 2017.

Of distributed PV project in the project file can be selected “spontaneous use, more than power” or “full Internet” mode. “Spontaneous use, more than power” patterns distributed according to power subsidies in photovoltaic mode, subsidies are: resource 0.2 Yuan/kWh, second-class resources 0.25 Yuan/kWh, three categories of resource area of 0.3 Yuan per kWh, representing 0.42/kWh respectively by 0.22, 0.17 and 0.12 Yuan.

For sea wind electric, NDRC clear by tide between with wind electric and offshore wind electric two species type determine Internet electric price, December 31, 2018 yiqian voted shipped of offshore wind electric project Internet electric price for each kWh 0.8 Yuan (containing tax), tide between with wind electric project Internet electric price for each kWh 0.7 Yuan, compared existing sea wind electric electric price standard respectively reduced has 0.5 Yuan.

Meanwhile also stressed that countries encourage competition in the market, such as through public bidding to determine onshore wind power, offshore wind energy, photovoltaic and other owners of new energy projects and subsidies, but through market competition means shall not be higher than the price of similar Ziyuan District National onshore wind power, offshore wind energy, photovoltaic power generation benchmark price.

After the release of the draft, PV reacted strongly, saying prices are too large, and will likely lead to most of the photovoltaic power generation project is no longer the economic feasibility of investment, greatly dampened the confidence of investors. Although the current release is the draft, according to past practice, the final policy in place will not be much adjustment.

The document further demonstrates the national resolve to further new energy price subsidy cuts, as well as promote the market competition determine the attitude of the new energy price. Light hot power first model project of electric price just landing, is expected to to 2018 on will preparatory cut light hot power electric price, according to ten three five 5GW of light hot power installed planning, 45 period between also has about 3.65GW of light hot model power station need electric price of support, electric price cut is must of, cut range is not determine of, but from sought views draft view, light hot power expected of cut range also not too small, in guarantee first batch model project success of based Shang, light hot power of cost declined pressure larger.

Published the draft optical thermal power generation benefit may lie in the short term, capital investments in photovoltaic confidence will suffer, solar-thermal power generation’s ability to attract capital into or enhancement. But the most fundamental is that solar thermal power generation costs can be substantially reduced significantly over the next two years.

Related news:

2017 PV on-grid price reduced to 0.55, 0.65, 0.75?

Original title: PV on-grid prices or slashed solar-thermal power generation cost pressure

Posted in Solar Charger.