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Release time:

2020/11/06

To implement the 13th Five-Year Plan for Renewable Energy Development, optimize the management of renewable energy power construction, scientifically grasp the development pace of renewable energy, and strengthen target guidance and planning, our bureau is studying and improving the management mechanism of annual construction scale of renewable energy power based on the plan. Your unit is requested to submit relevant materials and suggestions on the implementation of the 13th Five-Year Plan for renewable energy (including wind power, photovoltaic power generation, biomass power generation, excluding hydropower). Specific requirements are as follows: 1. Based on the 13th Five-Year Plan for Energy Development, the 13th Five-Year Plan for Renewable Energy Development, and other relevant plans issued by the National Development and Reform Commission and the National Energy Administration, as well as the 13th Five-Year Plan for Energy Development approved by the National Energy Administration, the energy authorities of each province (autonomous region, municipality) shall, on the basis of the 13th Five-Year Plan for Renewable Energy Development in their respective regions, propose a plan for the construction scale of renewable energy power generation from 2017 to 2020, including the newly added construction scale, construction type, and construction layout for each year. 2. The energy authorities of each province (autonomous region, municipality) shall take the implementation of power transmission and consumption as the basic precondition for arranging the newly added construction scale and layout of renewable energy power generation in their respective regions each year, and coordinate the five-year plan with the annual construction scale plan. Based on the once-determined annual construction scale plan, when the newly added construction scale is implemented in each year, they shall consult with relevant power grid enterprises on the grid connection conditions and consumption plan for the newly added annual construction scale, and request the power grid enterprises to provide opinions on power transmission and consumption. 3. Wind power should balance the relationship between construction scale and power transmission and consumption. In accordance with the requirements of the 13th Five-Year Plan for Wind Power Development, the grid-connected scale of wind power in central and eastern China and southern China shall not be lower than that proposed in the plan. Provinces (autonomous regions, municipalities) that have not reached the guaranteed utilization hours shall not formulate a grid-connected scale higher than that proposed in the plan. The corresponding construction scale shall take into account the annual construction scale already issued in the early stage and the construction scale of ultra-high voltage transmission bases. The total scale of wind power configuration in each ultra-high voltage transmission base can be configured according to the maximum capacity of wind power transmission by the line. 4. Photovoltaic power generation shall be implemented in accordance with the grid-connected scale target proposed in the 13th Five-Year Plan for Solar Energy Development, combined with the regional energy plan and photovoltaic power generation plan, and the annual newly added construction scale of centralized photovoltaic power stations and distributed photovoltaic power generation in each province (autonomous region, municipality) shall be clarified respectively. In principle, the newly added construction scale of each province (autonomous region, municipality) each year should maintain steady and orderly development. The corresponding construction scale shall take into account the annual construction scale already issued in the early stage, the construction scale of leading photovoltaic bases, photovoltaic poverty alleviation, and ultra-high voltage transmission bases. Except for ultra-high voltage transmission bases specifically for the transmission of solar power, the total scale of photovoltaic power generation configuration in each ultra-high voltage transmission base shall not exceed 2 million kilowatts in principle. 5. Biomass power generation (mainly including agricultural and forestry biomass power generation and garbage incineration power generation) shall be implemented in accordance with the Notice of the Comprehensive Department of the National Energy Administration on the Compilation and Submission of the Implementation Plan for the Construction of Biomass Power Generation Projects during the 13th Five-Year Plan (No. 2017]180 of the National Energy Administration), and the implementation plan for biomass power generation shall be submitted as soon as possible. Those with conditions can be broken down into each year, and those that cannot be included in the accurate year can be listed as the construction scale and project layout during the 13th Five-Year Plan. 6. Various types of distributed photovoltaic power generation, decentralized wind power generation, and biogas power generation are not subject to the restrictions on the newly added annual construction scale in each region. Each province (autonomous region, municipality) shall list the expected construction scale of distributed photovoltaic, decentralized wind power, and biogas power generation in the annual construction scale plan of its region, and the actual implementation can exceed the expected scale in the original construction plan. Except for the construction types with unlimited scale mentioned above, once the annual newly added construction scale of other types is determined, each province (autonomous region, municipality) shall not arrange construction projects exceeding the scale. If the construction exceeds the scale, the exceeding part shall be borne by the region itself to solve the responsibility of subsidy funds. 7. Wind power and photovoltaic power generation bases supporting ultra-high voltage power transmission channels in relevant provinces (autonomous regions, municipalities) shall be configured separately according to the ultra-high voltage channel planning, approval time, and construction period, but shall be included in the total scale of the 13th Five-Year Plan of the province (autonomous region, municipality). For ultra-high voltage bases whose construction spans the 13th Five-Year Plan and the 14th Five-Year Plan, photovoltaic power generation can be arranged in 2020, and wind power generation can be arranged in 2019 and 2020.

Release time:

2020/11/06

China's first batch of green power certificates have arrived. On June 12, the National Renewable Energy Information Management Center's WeChat public account released a message stating that, in accordance with the requirements of the "Notice of the National Development and Reform Commission, Ministry of Finance, and National Energy Administration on the Trial Implementation of the Issuance and Voluntary Purchase and Sale System of Renewable Energy Green Power Certificates" (Development Reform Energy [2017] No. 132), the first batch of green power certificates (hereinafter referred to as green certificates) in China were issued to 20 renewable energy power generation projects belonging to companies such as Huaneng, Huadian, China Energy Conservation, and China Water Consultants, laying an important foundation for the voluntary purchase and sale transaction of green certificates, which is about to be piloted on July 1. It is worth noting that through green certificate trading, enterprises with cost advantages will sell their power generation indicators at a price no higher than the national subsidy, which can achieve rapid cash flow recovery, while the subsidy level will alleviate fiscal pressure through a quota system. In the view of industry insiders, after photovoltaic power generation enterprises sell renewable energy green power certificates, the corresponding electricity will no longer enjoy the national renewable energy electricity price surcharge subsidy, and the photovoltaic subsidy problem will be alleviated. Official Release of Green Certificates On February 3 this year, the National Development and Reform Commission, the Ministry of Finance, and the National Energy Administration issued the "Notice on the Trial Implementation of the Issuance and Voluntary Purchase and Sale System of Renewable Energy Green Power Certificates" (hereinafter referred to as the "Notice"), requiring that the purchase of green power certificates will begin on July 1 this year, with the purchase price determined by the buyer and seller through mutual negotiation or bidding, at a price no higher than the amount of the renewable energy electricity price surcharge subsidy corresponding to the certificate. According to the "Notice", a green power certificate is an electronic certificate with a unique code issued by the National Renewable Energy Information Management Center to qualified renewable energy power generation enterprises in accordance with the relevant management regulations of the National Energy Administration, based on the on-grid electricity of renewable energy, through the National Energy Administration's renewable energy power generation project information management platform. It is worth noting that this "Notice" is good news for energy enterprises, because the issuance of green power certificates is linked to the on-grid electricity. As long as the green certificates can find buyers, wind power and photovoltaic enterprises can rely on the on-grid electricity to quickly supplement funds through market channels, and photovoltaic enterprises are particularly looking forward to green power certificates. According to the National Renewable Energy Information Management Center, a total of 230,135 green certificates were issued to 20 new energy power generation projects this time, representing a total on-grid electricity of 230,135,000 kWh. The projects that received green certificates are mainly located in six provinces, including Jiangsu, Shandong, Hebei, and Xinjiang, with a total installed capacity of 1.125 million kW. Among them, onshore wind power and photovoltaic power station projects can apply for the issuance of green certificates after voluntarily registering their ownership qualifications through the information platform. After verifying through the information platform whether the project is included in the electricity price surcharge subsidy catalog, the capacity included in the subsidy catalog, the electricity settlement amount for the application month, and the validity of the relevant certificates, the National Renewable Energy Information Management Center will issue green certificates corresponding to the on-grid electricity of the project to the enterprise. Industry Says It Helps Alleviate Photovoltaic Subsidy Problems It is worth noting that, for both wind power and photovoltaic industries, subsidy issues have become a major problem facing photovoltaic enterprises, and how to resolve them has become a thorny issue for both enterprises and government departments. However, with the verification of green power certificates, the problem of photovoltaic subsidies will be alleviated. In the view of many photovoltaic enterprises, for photovoltaic power generation projects, the income obtained from green power certificate trading can appropriately alleviate the cash flow pressure brought about by the photovoltaic subsidy problem. The specific reason is that with the implementation of green certificate trading, power generation enterprises can choose to trade photovoltaic power generation through green certificates, directly obtaining power generation income, alleviating the cash flow pressure of power generation enterprises and the profit pressure caused by the arrears of renewable energy subsidies, and ensuring the investment return rate of the project. The above-mentioned "Notice" clearly points out that after wind power and photovoltaic power generation enterprises sell renewable energy green power certificates, the corresponding electricity will no longer enjoy the national renewable energy electricity price surcharge subsidy, and the green power certificates cannot be sold again after being purchased, which means that enterprises can only choose one between subsidies and green certificate trading. Ye Chao, a photovoltaic industry insider, told reporters, "Green power certificates will solve the cash flow problem for photovoltaic enterprises, because through the trading of green power certificates, enterprises with cost advantages will sell power generation indicators at a price no higher than the national subsidy, which can achieve rapid cash flow recovery, eliminating the pressure brought about by reliance on photovoltaic subsidies." Zhao Yuwen, a photovoltaic industry expert, said, "Subsidies and selling certificates are two choices for photovoltaic enterprises. In the case of serious arrears of photovoltaic subsidies, more photovoltaic enterprises will choose to sell certificates. Because selling certificates can effectively alleviate the cash flow of photovoltaic enterprises, more and more photovoltaic enterprises will choose to sell certificates instead of photovoltaic subsidies in the future. In the short term, green power certificates will alleviate the arrears of photovoltaic subsidies, and in the long term, they will promote the withdrawal of photovoltaic subsidies from the historical stage." However, a research report released by Zhongtai Securities believes that the issuance of green certificates indicates that the green certificate trading system has officially entered the practical operation stage, which has aroused widespread attention and heated discussion in the industry and investment circles, but the market has concerns about the unclear implementation details of the green certificate trading system and the lack of motivation for green certificate trading due to voluntary purchases.

Release time:

2020/11/06

On June 7, the 8th Clean Energy Ministerial and the 2nd Mission Innovation Ministerial were held in Beijing. At a side event on "The Status and Challenges of Energy Transition - Global Renewable Energy Development and the Role of Renewable Energy in China's Energy System", the Renewable Energy Policy Network for the 21st Century (REN21) released the 2017 Global Status Report for Renewable Energy (hereinafter referred to as the "Report"), which summarizes the global development of renewable energy. Global Energy Transition Shows Results REN21's Report showcases an ongoing global energy transition: record-breaking additions of renewable energy capacity; rapidly falling costs, especially for solar photovoltaic (PV) and wind power; and three consecutive years of decoupling economic growth from energy-related carbon emissions. Through better integration of cross-sectoral planning, the use of exciting new business models, and the creative application of various enabling technologies, innovation and more sustainable ways to meet human energy needs are accelerating the transition from a fossil fuel-dependent world to a renewable energy operating model. The Report shows that in 2016, new renewable energy capacity reached a record high of 161 gigawatts (GW), increasing global total capacity by approximately 9% compared to 2015. Solar PV was particularly impressive in 2016, accounting for about 47% of new capacity additions, followed by wind power at 34% and hydropower at 15.5%. This marks the fifth consecutive year that investment in new renewable energy generation capacity (including all hydropower) has been approximately double that of fossil fuel-fired power generation, reaching $249.8 billion. Currently, the world adds more renewable energy generation capacity each year than the net increase in all fossil fuel capacity. Rapidly Falling Costs of PV and Wind Power Generation Along with record-breaking additions of renewable energy capacity, the global costs of PV and wind power generation are also falling rapidly. The Report shows that recent bids in Argentina, Chile, India, Jordan, Saudi Arabia, and the United Arab Emirates have set record lows, with some countries' bid prices falling below $0.03/kWh. Meanwhile, many countries have seen new lows in wind power bid prices, including Chile, India, Mexico, and Morocco. Record low bids for offshore wind power in Denmark and the Netherlands have brought the European offshore wind industry closer to its goal of offshore wind power prices being lower than coal prices by 2025. At the same time, the Report emphasizes that the notion that only wealthy countries can afford renewable energy is no longer applicable. Developing countries, primarily China, continue to add the most renewable energy capacity. China has been the largest developer in the renewable energy power and heating sectors for the past eight years. India's solar revolution and 48 developing countries committed to 100% renewable energy targets will further increase the share of developing countries in global renewable energy capacity. Moreover, in 2015, developing and emerging economies surpassed developed economies in renewable energy investment for the first time (although developed countries regained the lead in 2016, China remained the largest investor). In many cases, renewable energy electricity is already the cheapest option. Investment in Renewable Energy Technologies Still Needs Strengthening The Report also points out that although new investment in global renewable energy electricity and fuel capacity is about double that of fossil fuels, investment in new renewable energy capacity in 2016 fell by 23% compared to 2015. In developing and emerging markets, total renewable energy investment was $116.6 billion, down 30% from the previous year, while investment in developed countries fell by 14%, totaling $125 billion. Investment continues to flow primarily into wind and solar energy, but further development of all renewable energy technologies is needed to achieve the goal of limiting global warming to 2 degrees Celsius. "We all talk about the need for clean energy innovation, but how does innovation happen? Innovation only happens when money is invested in R&D of clean energy technologies." Fatih Birol, Executive Director of the International Energy Agency, frankly stated that the global energy industry invests more than $2 trillion annually, but only $26 billion is spent on R&D. Regrettably, the R&D spending of the world's three largest IT companies combined exceeds that of global clean energy R&D. Furthermore, globally, subsidies for fossil fuels and nuclear power still far exceed those for renewable energy technologies. By the end of 2016, more than 50 countries had pledged to phase out fossil fuel subsidies and implemented corresponding reforms. But this is far from enough. In 2014, the ratio of fossil fuel subsidies to renewable energy subsidies was 4:1, meaning that for every dollar given to renewable energy, governments spent $4 on fossil fuels, thus increasing dependence on them. REN21 Executive Secretary Christine Lins said: "The world is racing against time. To rapidly and cost-effectively reduce carbon emissions, the most important thing we can do is phase out coal and accelerate investment in energy efficiency and renewable energy. The Chinese government's announcement in January this year that it is phasing out 100 coal-fired power plants under construction sets an example for governments, showing that when governments act by establishing clear, long-term policies and financial signals and incentives, change happens quickly."

Release time:

2019/11/26

Release time:

2007/11/26

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