Notice No. 1594 of 2011 on Improving Solar PV Feed-in Tariff

Meta Data

Draft:

Revision of previous policy?:

Effective Start Year:

2011

Scope:

National

Document Type:

Decree, Other

Economic Sector:

Power

Energy Types:

Power, Renewable, Solar

Issued by:

National Development and Reform Commission (NDRC)

Notes:

Unofficial Translation

Source:

National Energy Administration (CH)

File:

太阳能光伏发电上网电价政策的通知

Overall Summary:

This notice serves to improve the pricing of solar photovoltaic power. In particular, it introduces the solar feed-in-tariff in order to regulate the price of solar photovoltaic power generation and to promote the healthy development of the solar photovoltaic industry.

Renewable Energy

RE feed-in tariffs:

A unified national solar PV feed-in tariffs will be developed. According to the average social capital and operating costs, solar photovoltaic power plant tender reference price, as well as the status of solar energy resources, a unified national benchmark electricity price for non-tendering solar photovoltaic project will be implemented. (A) For projects approved before July 1, 2011 and put into operation before 31 December 2011, for which our Commission has not yet approved the price of solar photovoltaic power generation projects, a unified tariff for each kWh 1.15 yuan (including tax, the same below) will be applied. (B) For projects approved after July 1, 2011 and those projects approved before July 1 2011 but not operational until December 31, 2011, each kWh of electricity price will be 1 yuan at different provinces (autonomous regions and municipalities) while those projects situated in Tibet will be 1.15 yuan per kwh purchased price by power grid. Our Commission will review and adjust these price based on the cost changes of capital investment, technology improvement appropriately in the future.---For those solar PV projects in which owners were selected based on bidding for concession process, the sales price for the power grid decided by tender price can’t be higher than the unified national benchmark electricity price for solar PV project.---For those solar PV projects subsidized by central government budget, the sales price to the power grid will be calculated based on the benchmark tariff from local desulfurized thermal power plant.---Those solar photovoltaic power generation projects where the electricity price is higher than the tariff part of the local desulfurized coal thermal power plant, it should be supported based upon the relevant provisions of the "renewable energy prices and cost-sharing management pilot scheme" (NDRC Price [2006] No. 7) through national electricity levy for renewable energy development.

Full Document Text

NDRC Price [2011] No. 1594

National Development and Reform Commission on Improving

Notification of solar PV electricity price policy

Provinces, autonomous regions and municipalities Development and Reform Commission, Price Bureau:

    In order to regulate the price of solar photovoltaic power generation management, and promote the healthy development of solar photovoltaic industry, we decided to improve the solar PV pricing policy. Notice of the matter as follows:
    First, the development of a unified national solar PV feed-in tariffs. According to the average social capital and operating costs, solar photovoltaic power plant tender reference price, as well as the status of solar energy resources, the implementation of a unified national benchmark electricity price for non-tendering solar photovoltaic project.
    (A) before July 1, 2011 approved the construction of 31 December 2011 put into operation, our commission has not yet approved the price of solar photovoltaic power generation projects, approved a unified tariff for each kWh 1.15 yuan (including tax, the same below) .
    (B) July 1, 2011 and later approved by the solar photovoltaic project, and before July 1, 2011 approved but as of December 31, 2011 has not yet put into operation solar photovoltaic power generation project, in addition to Tibet still perform each kWh of electricity price 1.15 yuan, the other provinces (autonomous regions and municipalities) tariff are by the implementation of one yuan per kilowatt-hour. In the future, I will appoint adjust according to changes in the cost of factors of investment, technological progress, and so on.
    Second, determine the owners of solar photovoltaic power generation projects through the concession tender, according to its tariff bid price execution, the bid price shall not be higher than the benchmark price of solar photovoltaic power generation.
    Third, enjoy the central financial capital subsidy of solar photovoltaic power generation project, its Internet capacity in local desulfurized coal electricity price execution.
    Fourth, solar photovoltaic power generation projects electricity price is higher than the tariff part of the local desulfurized coal, based upon the "renewable energy prices and cost-sharing management pilot scheme" (NDRC Price [2006] No. 7) the relevant provisions by National renewable energy tariff levied additional resolved.

National Development and Reform Commission

Er ○ Yi Yinian Qiyue Ershi Siri