The on-grid tariff cuts or fills the gap of new energy subsidies

After four years, the National Development and Reform Commission formally issued a notice to lower the national thermal power on-grid tariff. The notice pointed out that under the condition of keeping the sales price level unchanged, the price level will be appropriately adjusted, the price reduction range will be 0.9 cents/kWh to 2.5 cents/kWh, and the funds vacated by the reduction in electricity prices will subsidize renewable energy power generation and coal power reduction. Pai, this will directly fill the subsidy gap that has existed during the development of new energy power generation.

The new energy subsidies gap continues to expand

As we all know, subsidies are an important basis for the development of new energy industries. New energy, as an emerging industry, needs the government's “visible” hand to boost its scale and move toward the market for commercialization. In China, new energy subsidy funds mainly come from renewable energy funds. Renewable energy funds include financial special funds and electricity price addition. Electricity prices are added as the main part of renewable energy funds.

However, according to a survey by the reporter of the China Telecom News Network, subsidy default has become a major factor in the development of the new energy power generation industry. Many renewable energy power companies have so far not received government subsidies.

Data show that in 2009, the gap in the national subsidy for renewable energy tariffs was 1.3 billion, and the gap was 2 billion in 2010. “The additional subsidies for renewable energy needed in 2011 and 2012 are as high as RMB 30.2 billion.” Cao Xiaolei, an analyst at Bloomberg New Energy Financial Markets, told the reporter that “In 2013, the Ministry of Finance needed to pay RMB 34.2 billion to issue new energy subsidies.”

According to the “Twelfth Five-Year Plan” of China, the renewable energy generation in 2015 will strive to reach 20% of the total power generation. Meng Xianwei, Vice Chairman of the China Renewable Energy Society, told reporters that the demand for renewable energy subsidies will reach 100 billion in 2015. Yuan, subsidy gap or will continue to expand.

Renewable energy price increase will increase by nearly 30 billion

In the face of the problem of subsidy gaps, the State Council proposed as early as this year's State Council’s Several Opinions on Promoting the Healthy Development of the Photovoltaic Industry, which was released on July 15 this year, that the central government should allocate subsidy funds to power grid companies on a quarterly basis to ensure timely and full subsidy funding. In place. This time, the Electricity Price Adjustment and Development and Reform Commission also stated that it was not based on coal-fired linkage but in order to implement the “Notice of the National Development and Reform Commission on Relevant Regulating Renewable Energy Tariffs,” and will use renewable energy prices in addition to residential life and agricultural production. The additional standard was increased to 1.5 points/kWh. Li Qionghui, director of the New Energy Research Institute of the State Grid Energy Research Institute, once told the media that according to previous experience of power grid companies, electricity price additional income should be a 20% discount on the basis of the electricity consumption of the entire society multiplied by additional standards. According to calculations, in 2012, the total electricity consumption of the society was 4.9591 trillion kwh, and the additional capital of renewable energy in China would increase by nearly 30 billion annually.

However, after the country has strengthened subsidies to stimulate the increase in new energy installed capacity, it cannot be overlooked that the new energy industry still has bottlenecks in key technologies and market promotion. China's photovoltaic industry has always faced difficulties in the market and upstream silicon production technology relying on foreign countries. , And wind power in 2012 due to grid-connected and other factors to abandon 20 billion kwh. The new energy industry is still on the road to health and sustainable development and still needs to work hard. "Subsidy policy will not last for a long time. According to the plan, distributed photovoltaic power generation will be subsidized three years later. After new energy power generation enters the market mechanism, it will develop better," said Meng Xianjun.

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