2021 photovoltaic power generation subsidy policy  

The distributed price subsidy standard is 0.42 yuan per KWH (tax included, the same below). Photovoltaic power generation projects will implement benchmark feed-in price or price subsidy standard since they are put into operation, and the original term is 20 years.  

In order to promote the energy supply revolution, promote the sustainable and healthy progress of the renewable energy industry, timely reflect the technological progress and cost decline of different types of new energy power generation, reasonably guide the investment of new energy to load concentrated areas, achieve affordable Internet access on schedule, and alleviate the subsidy funding gap, the National Progress and Reform Commission recently issued a notice,   The benchmark feed-in price of photovoltaic power stations and onshore wind power will be lowered by resource zones, while the subsidy standard for distributed photovoltaic power generation and benchmark price for offshore wind power will not be adjusted.  

According to the notice, after January 1, 2021, the benchmark on-grid electricity price of new photovoltaic power stations in first-tier and third-tier resource zones will be adjusted to 0.65 yuan, 0.75 yuan and 0.85 yuan per kilowatt-hour respectively, down 0.15 yuan, 0.13 yuan and 0.13 yuan per kilowatt-hour compared with 2021.   At the same time, it is clear that the future photovoltaic benchmark electricity price will be adjusted once a year according to the cost change.  After January 1, 2021, the newly approved benchmark on-grid price of onshore wind power in class I to Class IV resource zones will be adjusted to 0.40 yuan, 0.45 yuan, 0.49 yuan and 0.57 yuan per KWH respectively, 7 cents, 5 cents, 5 cents and 3 cents lower than the price in 2021-2021 per KWH.  

In order to continuously encourage the development of distributed photovoltaic and offshore wind power, the circular stipulates that the subsidy standard for distributed photovoltaic power generation and benchmark price for offshore wind power will not be adjusted.   At the same time, in order to give greater play to the role of the market in forming prices, the notice encourages local governments to continuously determine the owners of various new energy projects and the on-grid electricity price through market competition such as bidding.  

China's photovoltaic industry has made rapid technological progress. Photovoltaic module manufacturing and photoelectric conversion efficiency have reached the world's advanced level.   The adjusted benchmark feed-in price can guarantee the reasonable income of photovoltaic power generation projects under the existing technology level, maintain the investment attraction of new energy projects continuously, and promote the healthy progress of the whole photovoltaic industry chain.  At the same time, keeping the price of distributed photovoltaic power generation unchanged or reducing the price of photovoltaic power generation in the eastern region is conducive to rationally guiding the optimization of the layout of the photovoltaic industry, encouraging the eastern region to develop new energy sources nearby, reducing coal consumption and greenhouse gas emissions, and promoting the improvement of air quality.  

Appropriate reductions in benchmark feed-in tariffs for photovoltaic power stations and onshore wind power will help ease the pressure of increasing subsidies for new energy.   Based on the current progress rate of photovoltaic and wind power, the benchmark feed-in price of photovoltaic power stations will be lowered in 2021, and the annual subsidy demand for new photovoltaic power stations will be reduced by about 4.5 billion yuan.  After the price of onshore wind power is also lowered in 2021, the annual subsidy demand for new onshore wind power will be reduced by about 1.5 billion yuan, and the total annual subsidy demand will be reduced by about 6 billion yuan.  

2021 Local photovoltaic subsidy standards  

Shanghai  

For photovoltaic projects, the project investment subjects will be rewarded according to the actual generating capacity, and the reward time will be 5 years.   The annual award for a single project shall not exceed 50 million yuan.  Detailed standards are as follows:  

Centralized type: 0.3 yuan/KWH.  

Distributed PV: 0.25 yuan/KWH for industrial and commercial users,  

School users: 0.55 yuan/KWH,  

Individuals, nursing homes and other preferential price users 0.4 yuan/KWH.  

(" Shanghai Special Fund Support Method for Renewable energy and New Energy Progress ")  

The Beijing municipal  

Municipal distributed: Distributed photovoltaic power generation projects connected to the grid from January 1, 2021 to December 31, 2021 will be awarded by the municipal finance according to the actual generating capacity of the project, the award standard is 0.3 yuan per kilowatt hour (including tax), the award period of each project is 5 years, and the award object is distributed power generation enterprises or natural persons.   "Beijing Distributed Photovoltaic Power Generation Award Fund Management Method"  

In hebei province  

Provincial distributed: The subsidy standard for rooftop distributed photovoltaic power generation projects (excluding golden Sun demonstration projects) is 0.2 yuan per KWH. For projects completed and put into operation from October 1, 2021 to the end of 2021, the subsidy will be 3 years from the date of grid connection.   (Notice of Price Bureau of Hebei Province on Price Subsidy Policies for Photovoltaic Power Generation Projects)  

Provincial centralized: pv power stations completed and put into operation before the end of 2021 will be given a subsidy of 0.1 yuan/KWH based on the energy generated, which will be implemented for 3 years from the date of putting into operation.   (Ji Zheng [2021] No. 83)  

Provincial poverty alleviation projects: completed and put into operation before the end of 2021, the subsidy standard will be 0.2 yuan per KWH from January 1, 2021, and the subsidy will be 3 years from the date of grid connection.  

Shanxi Province  

jincheng  

Distributed: In addition to enjoying the national power generation policy subsidy of 0.42 yuan/KWH, Jincheng municipal finance also subsidized 0.2 yuan/KWH;   Establishment and installation subsidy Shall be one-time establishment and installation subsidy of 3 YUAN/watt according to the installed capacity (the implementation period is tentatively set as 20212021).   (" Views on Financial Support for Demonstration and Application of Distributed Photovoltaic Power Generation in Rural Areas ")  

2021 pv subsidy process  

The National Energy Administration usually, at the beginning of the year, on the basis of comprehensive consideration of the national photovoltaic power generation progress plan, the establishment situation of each region in the previous year, power market conditions and opinions of various aspects, prepares the photovoltaic power generation establishment and implementation plan for that year (for example,   The National Energy Administration issued the Notice of the National Energy Administration on the Implementation Plan for the Establishment of Photovoltaic Power Generation in 2021 on March 16, 2021.   The implementation plan for the establishment of photovoltaic power generation will stipulate the total scale of centralized and distributed photovoltaic power plants to be started in each region, and projects within the scale will be eligible for subsidies from the National Renewable Energy Fund.  The conditions and process of applying for price subsidy for centralized photovoltaic power generation and distributed power generation are as follows:  

Centralized photovoltaic power generation  

According to the Interim Method for The Management of Additional Subsidies for Renewable Energy Price, the projects applying for subsidies must meet the following conditions:  

1. It falls within the subsidy scope stipulated in the Notice of the Ministry of Finance, the National Progress and Reform Commission and the National Energy Administration on Issuing the Interim Methods for the Administration of The Collection and Usage of the Renewable Energy Progress Fund (the subsidy scope of the additional income of the electricity price of renewable energy:   1) The cost incurred by the power grid enterprises in buying renewable energy power according to the feed-in price determined by the price authority of The State Council, or the competitive price determined by bidding and other legal provisions, is higher than the difference between the cost calculated according to the average feed-in price of conventional energy power generation;  2) The reasonable operation and management cost of the independent public renewable energy power system, which is invested or subsidized by the state and implemented the local classified sale price, exceeds part of the sale price;  3) Reasonable network connection fees and other reasonable related fees paid by power grid enterprises to buy renewable energy power cannot be recovered by selling electricity price.  ;  

2. It has been approved, approved or put on record, and has been examined and confirmed by the National Energy Administration;  

3. The on-grid electricity price has been examined and approved by the price authority.  The Ministry of Finance, the National Progress and Reform Commission and the National Energy Administration will review the progress of materials reported by local governments, and include eligible projects in the list of additional funds for renewable energy price subsidies.  

The additional subsidy funds for renewable energy prices were pre-allocated on a quarterly basis and liquidated at the end of the year.  Provincial power grid enterprises and local independent power grid enterprises shall settle the electricity charges with renewable energy power generation enterprises on a monthly basis according to the on-grid price of renewable energy and the actual purchased on-grid electricity generated from renewable energy.  For grid-connected power generation projects and grid connection projects within the scope of State Grid Corporation of China and China Southern Power Grid Corporation, the subsidy funds are no longer allocated by provincial financial departments, but directly allocated by central finance to State Grid Corporation of China and China Southern Power Grid Corporation.  

Distributed generation  

According to the Notice on The Implementation of distributed PHOTOVOLTAIC Power Generation based on electricity Subsidy Policy and other related issues, distributed photovoltaic power generation projects applying for subsidies must meet the following conditions:  

1. Complete filing according to procedures;  

2. The project is completed and put into operation, meets the grid connection conditions, and completes grid connection acceptance and other power grid access work.   Projects that meet the above conditions may apply to local power grid enterprises and be reported step by step after examination by the competent departments of finance, price and energy at the same level.  The Ministry of Finance, the National Progress and Reform Commission and the National Energy Administration shall examine and verify the submitted projects, and list the qualified projects into the subsidy category.  The central government will pre-allocate subsidy funds to provincial financial departments of state Grid Corporation of China, China Southern Power Grid Corporation and local independent power grid enterprises on a quarterly basis.   Power grid enterprises shall pay subsidy funds on time according to the electricity fee settlement cycle according to the project generating capacity and subsidy standards determined by the state.