|Year:||2016 (March 24th)|
|Policy status:||In Force|
|Date Effective:||2016 (March 24th)|
|Policy Type:||Regulatory Instruments|
|Policy Target:||Solar, Wind|
|Size of Plant Targeted:||Small and Large|
|Agency:||National Development and Reform Commission (NDRC)|
According to the national determined benchmark prices and the number of affordable acquisition hours, grid enterprises (include Transmission System Operator - TSO) need to buy all renewable energy electricity within the full acquisition planning under the premise to ensure the safety of the power supply.
Generated hours from renewable power plants are separated into two types under the document: (1) “affordable hours” and (2) based on the market transaction hours. Different contracts are to be signed under each arrangement.
The affordable hours will be bought through a priority arrangement included in the annual generation plan. The priority generation contract will be signed for those plants and hours with grid enterprises.
Plants generating under the market transaction will gain contracts with TSO through participation in the power market.
The national energy administration department and the economic administration department together calculate the RE affordable hours and issue the result to the public and responsible for the adjustment of all RE affordable.
In May 2016 the National Development and Reform Commission (NDRC) issued notice on the affordable hours generated by solar PV and onshore wind generators in key areas. Benchmarks are as follow:
Last modified: Tue, 21 Feb 2017 16:22:36 CET