Additional charge standard renewable electricity prices finally settled, identified as 8 per cent/kWh, which is another good news for renewable energy development.
Treasury website yesterday issued interim measures for the collection and use of management of the renewable energy development Fund (hereinafter referred to as "interim measures"), imposed since January 1, 2012. According to interim measures, based on the total amount of renewable energy development and utilization of medium-and long-term goals and development planning, and renewable electricity price additional revenue and expenditure charged against the criteria can be adjusted.
Although as skills upgrading and expanding of machine size, wind power, solar power cost has been significantly reduced, but compared with conventional generation, still a considerable gap. Photovoltaic industry struggling this year, earlier told reporters a number of business people are expressed the hope that countries outside of the benchmark price, can improve renewable electricity prices levied additional standards, support for renewable energy development. Renewable energy power price prior to attaching standard 4 per cent/kWh, energy researcher at the Institute of development and Reform Commission Wang Sicheng who had renewable electricity price to calculate the additional annual collection of around 10 billion ~110 billion yuan of funds. According to him, 2010 renewable energy subsidies demand has exceeded $ 12 billion, and sure enough of funds this year, it was necessary to improve the standard of additional renewable electricity price, increase the intensity of support for renewable energy.
Under our renewable energy Act, adopted in 2006, the power grid enterprises in accordance with the bid to acquire renewable energy such as wind power, photovoltaic, beyond conventional thermal power surfing the part of benchmark price, additional share in the selling prices. Renewable electricity price collection of additional standards was originally for 2 per cent/kWh, since November 2009 adjusting to 4 per cent/kWh, which is the second time. Electricity regulatory Commission according to the 2010 renewable energy power generation rose nearly 50%, 2010 levy of 10 billion of additional renewable electricity price subsidy, subsidy funding needs 70% can only meet the domestic enterprises. Renewable power generation growth also in this year of around 50%. If you do not raise electricity prices additional standards, funding shortfall could exceed 10 billion this year. After lookup found last year annual China generating capacity reached 4,141,310,000,000 Shi, and previously National Energy Council announced of data display, this year Qian November national society electricity volume 4.2835 trillion-kilowatt Shi, accordingly data simple calculation, under new of levy standard, by this year Qian 11 months of electricity volume calculation, will levy over 35 billion of may renewable energy electric price additional fee, annual levy volume can over this a digital, simple estimates Hou annual levy or up 38 billion, can meet currently subsidies may renewable energy of needs.
In this regard the Ministry of Finance has also been taken into account, so the interim measure, renewable energy development fund including special funds of national financial budget arrangements and to charge power users according to renewable electricity price of additional earnings. Renewable energy Special Fund by the central finance arrangements from the annual public budget (excluding investment under the State Council Department in charge of arrangements of the central infrastructure of the budget earmarked funds). Central Finance in accordance with the renewable energy of the actual amount of levy additional 2%. Paid to the power grid enterprises on behalf of levy fees, levy fees from Fund for renewable energy development in the expenditure budget arrangements, specific methods of payment in accordance with the relevant provisions of the Ministry. Sign power grid enterprises may not withdraw and retain generation directly from the levy income levy fees, renewable energy development fund to support renewable energy generation and utilization activities.
Together with the previously positive, boosted the current lacklustre photovoltaic and wind power development, the renewable energy industry is expected to usher in a wave of new development.
