Japan announced its photovoltaic bid package and FIT the price schedule

Polaris solar PV net news: Japan economy, trade and industry (METI) on December 5, 2016-fifth renewable wholesale purchase (buy at a fixed price, FIT) pricing Committee. Consider solar energy system cost reduction trend will bid for 2017 and 2018 solar size in addition to schemes, FIT is also lowered year by year, and promote cost reduction schedule.

Japan announced its photovoltaic bid package and FIT the price schedule

Solar energy bid: 1.5GW three-phase implementation

In the second October 24 this year in the wholesale purchase price of renewable energy Committee, METI proposed solar power project bidding system for the first time, and plan later in 2017 and 2018, respectively, in the second half holding solar bid activity on, a total of three times. On December 5, the fifth meeting of the plan, each the size of bids for 500MW, 1.5GW.

METI said in the second Review Committee, bid threshold is set at 2MW is mainly due to: higher-scale solar project to be merged into more than 7000V ultra high voltage cables. At the fifth meeting, the METI further noted that the 2MW solar project of prices over the past few years had no significant cost reductions, and hopes that, through a competitive bidding system to boost prices.

According to METI statistics, Japan in fiscal 2013 2MW system fiscal year fiscal year fiscal year total 12.007GW,2014 6.318GW,2015 1.361GW,2016 (statistics to first quarter) currently only 0.544GW, and is expected to only have about 1GW. Based on this trend, METI will bid for the first time the scale is set at 500MW.

According to reports in the Nikkei BP, the second to third bid size can be adjusted according to the results of the first bid.

Bidding will commence in October 2017, for the first time, specific bidding system will be published in September 2017 bid (to 0.01 yen as the base unit) will be the main target, and low bid system, with the price will be decided by drawing lots. Meanwhile, the successful bidder is required to pay a security deposit, if not completed running, forfeiture of deposit.

FIT will continue to subtract from it, residential solar energy targets after 2020 grid parity price

Basic price of the foregoing bidding system FIT to be with the same price as a benchmark, also discussed the issue in the fifth meeting of December 5. Overall, the future solar FIT would still be down year by year.

The Review Committee provides residential and two types of non-residential solar energy systems of price targets. METI plans, 2020 non-residential solar energy systems to minimize the cost of 14 Japanese Yen/kWh/2030 dropped 7 yen per kWh. Residential solar goals in 2019 to FIT reduced to common household electricity price level, as quickly as possible after 2020 grid parity prices.

► 10kW and above non-residential systems

METI statistics, 10kW and above non-residential solar system cost, 2016-estimated to be from fell to 244,000 yen charge per kW 251,000 yen, while equipment utilization rate will be increased from 14% to 15.1%. Among them, over 2MW of large systems (incorporated into high voltage power grid) of the equipment utilization rate is higher than the other scale, 16.3%; it also means over 2MW also reduced the price of the system.

10kW and above non-residential solar system 24 Japanese Yen/kWh FIT subsidies currently enjoyed, 2017 forecast will be revised down in price, the actual figures are still to be announced. 2017-FIT price will affect the October 2017 upset of the first solar power project bidding.

► 10kW residential type system

The other hand, the cost of residential solar systems under 10kW, according to a METI survey, 2016-a new median price of 352,500 yen (per kW). Meet “2019 will be FIT is reduced to a general electricity tariffs” policy objectives, METI plans yearly driving prices is expected in 2017, 2018, and 2019 respectively fell to 336,000 yen, 322,100 yen, 308,400 Yen.

Under 10kW and does not include the residential solar systems for power control equipment, 2016-31 Yen/kWh FIT subsidies; according to the above objectives, by 2019, when the subsidies are expected to be revised down to 24 yen per kWh. 2017 and 2018 respectively down step by step.

Original title: solar price competition design and FIT the price range

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