On May 29, the Development and Reform Commission and Energy Bureau of Inner Mongolia Autonomous Region issued a notice on the “Implementation Plan for Deepening Market-Based Reform of New Energy Grid Connection Prices in the Eastern Inner Mongolia Power Grid.”
Source: Sina Finance
On May 29, the Development and Reform Commission and Energy Bureau of Inner Mongolia Autonomous Region issued a notice on the “Implementation Plan for Deepening Market-Based Reform of New Energy Grid Connection Prices in the Eastern Inner Mongolia Power Grid.” The document sets a temporary price cap of 1.5 yuan per kilowatt-hour (kWh) for spot market bids, while the floor price is tentatively set at -0.05 yuan/kWh, reflecting other potential earnings for new energy projects outside the electricity market.
Mechanism Pricing: Electricity volumes included in the mechanism are priced based on the benchmark coal-fired power rate in Eastern Inner Mongolia, currently 0.3035 yuan/kWh. This mechanism price will be adjusted as needed in response to major market changes.
Mechanism Pricing Details: For existing projects such as distributed solar PV, decentralized wind power, and poverty-alleviation solar projects, actual grid-connected electricity will continue to follow existing guaranteed policies. For subsidized centralized wind and solar projects, wind power heating pilots, and wind power concession projects, electricity volumes are allocated based on specific operating hours. Before continuous spot market operation, volumes correspond to 790, 635, 1900, and 1900 hours respectively; after continuous operation begins, these are adjusted to 380, 420, 760, and 720 hours.
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