|Year:||2009 (last updated 2017)|
|Policy status:||In Force|
|Date Effective:||2009 (last updated 2017)|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Feed-in tariffs/premiums|
|Policy Target:||Wind>Onshore, Wind|
|Agency:||National Development and Reform Commission (NDRC)|
In 2009, the Chinese National Development and Reform Document (NDRD) introduced a feed-in tariff to support the deployment of electricity from onshore wind, applying over a 20 year period.
The price setting is divided in four categories according to the wind endowment of the region, the larger the wind endowment the lower the financial support. Tariffs vary as followed:
This mechanism replaces the existing dual-track system that used to stabilise tariffs during the concession tendering process or on a project-by-project basis following governmental approval. Grid operators and utilities bearing the financial cost of the feed-in tariff will be compensated by the distribution of the Renewable Energy Premium included in the 2006 Renewable Energy law revised in 2009.
Initially, FIT existed onlt for onshore wind projects. In recent years FIT for offshore wind was added.
Starting from 1 Jan 2017, the feed-in tariff levels for onshore wind are reduced to RMB 0.4, 0.45,0.49 and 0.57 per kwh for zones (/categories) 1-4.
Starting from 1 Jan 2017, the Feed-in tariff for offshore wind and intertidal zone is RMB 0.85 and RMB 0.75 per kwh respectively.
Last modified: Wed, 08 Nov 2017 09:51:41 CET