CCTV News: The National Development and Reform Commission and the National Energy Administration jointly issued a document on February 9 that my country will deepen the market-oriented reform of new energy on-grid electricity prices. The reform will promote the full entry of new energy on-grid electricity into the market and the on-grid electricity price to be formed from the market, and promote the sustainable and healthy development of the industry.
According to reports, this reform will promote the comprehensive formation of new energy on-grid electricity prices from the market. In principle, all power on-grids for new energy projects enter the power market, and the price on-grids is formed through market transactions. At the same time, it is necessary to establish a price settlement mechanism that supports the sustainable development of new energy. After new energy participates in market transactions, a sustainable price settlement mechanism will be established in the settlement process, and the electricity included in the mechanism will be settled according to the mechanism electricity price.
The relevant person in charge said that when the electricity price settlement is carried out, the old methods of old projects and new methods will be implemented in accordance with the old methods of old projects and new methods. In other words, the mechanism electricity price of old projects, that is, the mechanism electricity price of existing projects is properly connected with the current policies; the mechanism electricity price of new projects, that is, the mechanism electricity price of incremental projects is determined through market-oriented bidding. The existing projects and incremental projects are divided into nodes on June 1, 2025, the existing projects put into production before June 1, 2025, and the incremental projects put into production on June 1, 2025.
According to reports, this reform has no impact on the electricity price level of residents and agricultural users, and these users still implement the current catalog sales electricity price policy. For industrial and commercial users, static estimates are expected that the average electricity price of industrial and commercial users across the country will be basically the same as last year in the first year of the reform implementation. Areas with loose power supply and demand and low new energy market prices may drop slightly. In the future, the electricity price of industrial and commercial users will fluctuate with electricity supply and demand, new energy development, etc.
