Ndrc mulls tariff cuts for solar, wind amid production glut

(Beijing) — China is considering bigger cuts to what grid companies pay generators of solar, wind and other renewable forms of energy than what was previously planned, as production costs dwindle.

“Studies on details have just started,” an official from the National Development and Reform Commission (NDRC), the country’s top economic planner, told Caixin on Wednesday on conditions of anonymity. A gas station The extent of the price cuts haven’t been decided yet, he added.

Lin Boqiang, director of the Center for Energy Economics Research at Xiamen University, said the NDRC was considering further cuts to on-grid tariffs at a time when China’s power industry is suffering from rising overcapacity.

However, Bloomberg on Wednesday quoted unnamed sources on Wednesday as saying that the NDRC may reduce on-grid tariffs for solar farms in certain regions by as much as 13 percent to 0.85 yuan (13 U.S. La gas prices map cents) per kilowatt-hour (kWh) in 2017 from the 2016 level. Gas tax by state That would be much steeper than an earlier planned 2 percent cut on solar power tariffs, Bloomberg said.

NDRC announced last year a plan to gradually reduce prices of power produced by wind and solar farms. Electricity 2pm mp3 Solar power tariffs were reduced slightly earlier this year, between 0.02 yuan to 0.1 yuan per kWh from 2015 levels, based on supply levels in different provinces.

A major cause for the price cuts may be the dwindling cost of generating solar energy as both equipment prices and solar farm construction costs continue to decline, Lin said.

But China is also trying to curb a production glut. Gas leak smell According to the China Photovoltaic Industry Association, the country produced 27 gigawatts (GW) of photovoltaic modules, equipment used to generate solar energy sold both at home and abroad, in the first half of this year. Electricity equations physics China also installed solar panels that can generate 20 GW of electricity in the first six months and plans to add another 10 GW to it by the end of the year, increasing the country’s solar generation capacity by nearly 70 percent compared with last year.

China’s solar power production capacity by the end of 2015 was 43 GW, the highest in the world. Electricity in the body But an increasing amount of electricity generated using renewable sources was being wasted, as grid companies preferred to buy cheaper power generated using fossil fuels. Gas stoichiometry formula According to the National Energy Administration, in the first quarter this year, 19 billion kWh of solar power was wasted nationwide. Electricity bill In Xinjiang province, the biggest solar power producer, about 52 percent of solar farms were left to idle due to low demand.

In the first half this year, solar power accounted for only 0.6 percent of China’s total power consumption, according to the National Statistics Bureau.

(Beijing) — China is considering bigger cuts to what grid companies pay generators of solar, wind and other renewable forms of energy than what was previously planned, as production costs dwindle.

“Studies on details have just started,” an official from the National Development and Reform Commission (NDRC), the country’s top economic planner, told Caixin on Wednesday on conditions of anonymity. Electricity projects for high school students The extent of the price cuts haven’t been decided yet, he added.

Lin Boqiang, director of the Center for Energy Economics Research at Xiamen University, said the NDRC was considering further cuts to on-grid tariffs at a time when China’s power industry is suffering from rising overcapacity.

However, Bloomberg on Wednesday quoted unnamed sources on Wednesday as saying that the NDRC may reduce on-grid tariffs for solar farms in certain regions by as much as 13 percent to 0.85 yuan (13 U.S. Que gases componen el aire y su porcentaje cents) per kilowatt-hour (kWh) in 2017 from the 2016 level. Gas vs electric oven review That would be much steeper than an earlier planned 2 percent cut on solar power tariffs, Bloomberg said.

NDRC announced last year a plan to gradually reduce prices of power produced by wind and solar farms. Electricity video bill nye Solar power tariffs were reduced slightly earlier this year, between 0.02 yuan to 0.1 yuan per kWh from 2015 levels, based on supply levels in different provinces.

A major cause for the price cuts may be the dwindling cost of generating solar energy as both equipment prices and solar farm construction costs continue to decline, Lin said.

But China is also trying to curb a production glut. Gas weed strain According to the China Photovoltaic Industry Association, the country produced 27 gigawatts (GW) of photovoltaic modules, equipment used to generate solar energy sold both at home and abroad, in the first half of this year. Grade 9 electricity module China also installed solar panels that can generate 20 GW of electricity in the first six months and plans to add another 10 GW to it by the end of the year, increasing the country’s solar generation capacity by nearly 70 percent compared with last year.

China’s solar power production capacity by the end of 2015 was 43 GW, the highest in the world. Gas kinetic energy But an increasing amount of electricity generated using renewable sources was being wasted, as grid companies preferred to buy cheaper power generated using fossil fuels. Gas oil ratio units According to the National Energy Administration, in the first quarter this year, 19 billion kWh of solar power was wasted nationwide. Gas 85 octane In Xinjiang province, the biggest solar power producer, about 52 percent of solar farms were left to idle due to low demand.

In the first half this year, solar power accounted for only 0.6 percent of China’s total power consumption, according to the National Statistics Bureau.