The return on capital is not lower than the loan interest rate by 3 percentage points. Jiangsu uses price levers to support green power.
In the future, investing in renewable energy projects in our province can not only enjoy a return rate of funds of not less than 3 percentage points of the loan interest rate, but also do not need to participate in market competition in the initial stage of the establishment of the electricity market. The electricity generated by the grid enterprises is subject to government pricing or bidding. The price is prioritized, and the part of the grid enterprise acquisition that is higher than the average electricity purchase price of the grid is included in the unified sales price. On August 15th, the Provincial Price Bureau issued a special opinion to explicitly support the construction of renewable energy power projects with price levers.
Renewable energy power projects mainly include: wind power generation, solar photovoltaic power generation, biomass power generation (biogas, straw, waste incineration power generation, etc.). Because these energy sources are not only clean and pollution-free, but also do not pollute the environment, they are called green power. Our province is rich in renewable energy. The annual heat generated by straw is equivalent to 15 million tons of standard coal, which is equivalent to the amount of coal used in a large power plant for one year. In recent years, green power construction projects have been continuously built. However, compared with the highest power load of 30 million kilowatts in the province, green power is negligible. It is reported that a major factor restricting the development of "green power" is the cost issue.
The newly issued "Opinions on Using Price Leverage to Promote Renewable Energy Power Construction" proposes that the price department's support for "green power" includes both on-grid tariffs and sales tariffs. Different from the current on-grid electricity price for thermal power generation, the price department has separately “opened a small stove†for the on-grid price of green power, that is, the on-grid price of green power is subject to government pricing according to the principle of “unified leadership and hierarchical managementâ€. During the repayment period, the price policy of “repayment of principal and interest + reasonable profit†was implemented, and the level of on-grid electricity price was determined according to the technology and characteristics of different types of renewable energy power generation. For renewable energy power projects that mainly use domestic equipment, the return on capital during the repayment period is set at a price not lower than “the corresponding loan period interest rate plus 5 percentage pointsâ€. For renewable energy power projects that mainly use foreign power generation equipment, the return on capital during the repayment period is set at a price not higher than “the loan interest rate at the corresponding loan period plus 3 percentage pointsâ€. After the end of the debt service period, the average purchase price of the grid is implemented in principle. The thermal price of cogeneration renewable energy projects is determined by the local price authorities in accordance with the principle of promoting the development of renewable energy.
The on-grid tariff of renewable energy power projects that are openly tendered by the government shall be implemented at the price determined by the winning bid, but shall not be higher than the on-grid tariff level of the same type of renewable energy power generation projects determined by the government.
The part of the grid company that purchases renewable energy, which is higher than the average purchase price of the grid, is included in the unified sales price. The network connection fees and other related expenses paid by the grid companies for the acquisition of renewable energy can be included in the transmission and distribution costs of the grid enterprises and recovered from the sales price. When the electricity market is relatively mature, the government will stipulate the proportion of renewable energy in the electricity sales of power grid enterprises, and establish a special competitive renewable energy power market.
At the same time, provincial prices, power, environmental protection and other departments are studying ways to promote and encourage units, enterprises and individuals to actively subscribe for and use "green power."
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
In the future, investing in renewable energy projects in our province can not only enjoy a return rate of funds of not less than 3 percentage points of the loan interest rate, but also do not need to participate in market competition in the initial stage of the establishment of the electricity market. The electricity generated by the grid enterprises is subject to government pricing or bidding. The price is prioritized, and the part of the grid enterprise acquisition that is higher than the average electricity purchase price of the grid is included in the unified sales price. On August 15th, the Provincial Price Bureau issued a special opinion to explicitly support the construction of renewable energy power projects with price levers.
Renewable energy power projects mainly include: wind power generation, solar photovoltaic power generation, biomass power generation (biogas, straw, waste incineration power generation, etc.). Because these energy sources are not only clean and pollution-free, but also do not pollute the environment, they are called green power. Our province is rich in renewable energy. The annual heat generated by straw is equivalent to 15 million tons of standard coal, which is equivalent to the amount of coal used in a large power plant for one year. In recent years, green power construction projects have been continuously built. However, compared with the highest power load of 30 million kilowatts in the province, green power is negligible. It is reported that a major factor restricting the development of "green power" is the cost issue.
The newly issued "Opinions on Using Price Leverage to Promote Renewable Energy Power Construction" proposes that the price department's support for "green power" includes both on-grid tariffs and sales tariffs. Different from the current on-grid electricity price for thermal power generation, the price department has separately “opened a small stove†for the on-grid price of green power, that is, the on-grid price of green power is subject to government pricing according to the principle of “unified leadership and hierarchical managementâ€. During the repayment period, the price policy of “repayment of principal and interest + reasonable profit†was implemented, and the level of on-grid electricity price was determined according to the technology and characteristics of different types of renewable energy power generation. For renewable energy power projects that mainly use domestic equipment, the return on capital during the repayment period is set at a price not lower than “the corresponding loan period interest rate plus 5 percentage pointsâ€. For renewable energy power projects that mainly use foreign power generation equipment, the return on capital during the repayment period is set at a price not higher than “the loan interest rate at the corresponding loan period plus 3 percentage pointsâ€. After the end of the debt service period, the average purchase price of the grid is implemented in principle. The thermal price of cogeneration renewable energy projects is determined by the local price authorities in accordance with the principle of promoting the development of renewable energy.
The on-grid tariff of renewable energy power projects that are openly tendered by the government shall be implemented at the price determined by the winning bid, but shall not be higher than the on-grid tariff level of the same type of renewable energy power generation projects determined by the government.
The part of the grid company that purchases renewable energy, which is higher than the average purchase price of the grid, is included in the unified sales price. The network connection fees and other related expenses paid by the grid companies for the acquisition of renewable energy can be included in the transmission and distribution costs of the grid enterprises and recovered from the sales price. When the electricity market is relatively mature, the government will stipulate the proportion of renewable energy in the electricity sales of power grid enterprises, and establish a special competitive renewable energy power market.
At the same time, provincial prices, power, environmental protection and other departments are studying ways to promote and encourage units, enterprises and individuals to actively subscribe for and use "green power."
The authenticity of this information has not been confirmed by the international electrical network, for your reference only.
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