Study on the Comprehensive Marketization Reform of New Energy Grid Electricity Prices

Authors

  • Xiaojie Li

DOI:

https://doi.org/10.6981/FEM.202503_6(3).0027

Keywords:

New Energy Generation; Feed-in Tariff; Market-oriented Reform; Mechanism Electricity Price.

Abstract

In February 2025, relevant departments in China jointly issued a notice proposing a comprehensive market-oriented reform of future new energy grid electricity prices, which has a significant impact on the development of new energy projects. The preliminary analysis has three main impacts: firstly, it will reduce the wind power grid price, which will affect the project investment return. Secondly, when conducting feasibility analysis of project investment, it is difficult to estimate the on grid electricity price of the project, which affects the accuracy of project economic analysis. Thirdly, major power generation companies will slow down their pace of acquiring new energy projects and lower their acquisition prices.

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References

[1] National Development and Reform Commission. Notice of the National Development and Reform Commission and the National Energy Administration on Deepening the Marketization Reform of New Energy Grid Electricity Prices and Promoting High Quality Development of New Energy[EB/OL]. https://zfxxgk.ndrc.gov.cn/web/iteminfo.jsp?id= 20482, 2025-01-27.

[2] Liu Xiaoxi. Research on the Mechanism of Bidirectional Differential Contracts for European New Energy[J]. Price Theory and Practice, 2024, 4: 107-225.

[3] Shi Jingli. Thoughts on the participation of new energy in the electricity market through price difference contracts[J]. China power enterprise management, 2024, 16: 61-63.

[4] Zhou Xianfeng, Du Lijing, Liu Che. UK Clean Energy Development Guarantee Mechanism: Contracts for Differences and Capacity Markets[J]. International Engineering and Labor Services, 2024, 3: 50-53.

[5] Zhang Yichi, Hu Peng, Mou Xiaoyi, et al. UK Zero Carbon Cluster Support Policies, Regulatory Framework and Their Implications[J]. International Petroleum Economy, 2024, 11: 25-34.

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Published

2025-03-13

Issue

Section

Articles

How to Cite

Li, Xiaojie. 2025. “Study on the Comprehensive Marketization Reform of New Energy Grid Electricity Prices”. Frontiers in Economics and Management 6 (3): 219-22. https://doi.org/10.6981/FEM.202503_6(3).0027.