新能源项目将全面进入电力市场交易，如何定价合适？

Core Viewpoint - The introduction of the 136 document marks a significant step in China's energy transition, allowing renewable energy to participate in market trading, which will impact the pricing and operational dynamics of the energy sector [4][8]. Group 1: Impact of 136 Document - The 136 document will stabilize expectations for renewable energy enterprises and require them to adapt to market conditions, promoting sustainable development in the industry [4]. - The document shifts the pricing mechanism from guaranteed purchase to a combination of mechanism electricity and market trading, influencing project revenues based on various factors such as renewable energy consumption rights and market node locations [6][8]. - The document is seen as a critical reform step, addressing the dual challenges of ensuring renewable energy consumption and maintaining grid stability [5]. Group 2: Market Dynamics and Challenges - The market will need to establish a capacity compensation mechanism to support various flexible resources, ensuring that all market participants can compete effectively [5][6]. - There are concerns about the potential for "self-cannibalization" of renewable energy prices and the need for a phased approach to market liberalization [5]. - The current market conditions reflect challenges such as access difficulties and the need for improved green certificate and carbon trading markets to enhance the competitiveness of renewable energy [8]. Group 3: Future Considerations - The successful integration of renewable energy into the market will depend on the development of auxiliary services and capacity mechanisms to ensure stable revenues for traditional power sources [6][8]. - The ideal market scenario would involve a well-functioning green certificate and carbon trading system, allowing renewable energy to compete effectively while receiving additional compensation [8]. - The ongoing evolution of the energy market necessitates continuous monitoring of policy changes and market dynamics to maintain competitive advantages for small and medium-sized renewable energy enterprises [5][6].