2021 new energy feed-in tariff policy will be implemented from August 1st

On June 11, the National Development and Reform Commission issued a notice on matters related to the 2021 new energy feed-in tariff policy
.

The notice pointed out that in 2021, the on-grid electricity price for new projects will be implemented at the local benchmark price for coal-fired power generation; new projects can voluntarily participate in market-oriented transactions to form on-grid electricity prices to better reflect the green power value of photovoltaic power generation and wind power

The following is the full text of the document

Notice of the National Development and Reform Commission on Matters Concerning the New Energy Feed-in Tariff Policy in 2021 Fa Gai Price [2021] No.

833

Development and Reform Commissions of all provinces, autonomous regions, and municipalities directly under the Central Government, State Grid Corporation of China, China Southern Power Grid Co.

, Ltd.
, Inner Mongolia Electric Power (Group) Co.
, Ltd.
: Inorder to implement the decision and deployment of the Party Central Committee and the State Council, give full play to the role of electricity price signals, and rationally guide investment and promote Efficient use of resources to promote the high-quality development of new energy industries such as photovoltaic power generation and wind power.
In business with the National Energy Administration, we hereby notify the following matters concerning the on-grid tariff policy for photovoltaic power generation, wind power and other new energy sourcesin 2021 : 1.
Starting from 2021, new filings will be made Centralized photovoltaic power plants, industrial and commercial distributed photovoltaic projects, and newly approved onshore wind power projects (hereinafter referred to as "new projects") will no longer be subsidized by the central government, and will be grid-connected at a parity rate