山东出台新能源机制电价竞价实施细则，首次竞价于今年8月组织

Core Viewpoint - The recent release of the "Implementation Details for the Competitive Pricing Mechanism of New Energy in Shandong Province" establishes a standardized competitive pricing mechanism for new energy projects, providing a framework for investment and serving as a reference for other provinces [1][2]. Group 1: Competitive Pricing Mechanism - The competitive pricing work is scheduled to begin in August this year, with subsequent annual competitions starting in October of the previous year from 2026 onwards [1]. - The mechanism will determine the pricing level for new energy projects starting from June 1, 2025, based on price competition [1][2]. - The competitive bidding will involve projects that are either already operational or expected to be operational by December 31 of the following year, excluding those previously included in the pricing mechanism [2]. Group 2: Bidding Process and Parameters - The bidding volume will be dynamically adjusted each year based on renewable energy consumption responsibilities and user affordability [2]. - The upper limit for bidding prices will be determined by factors such as reasonable cost returns, green value, and market supply-demand conditions, while the lower limit will initially reference advanced power station cost levels [2]. - The bidding will utilize a marginal clearing method to set the clearing price, where projects are ranked by their bid prices, and the highest bid among selected projects will set the mechanism price [3]. Group 3: Responsibilities and Compliance - Clear responsibilities are outlined for both bidding participants and organizing bodies, with penalties for violations including disqualification from future bidding for three years [3]. - The organizing body must ensure information security and confidentiality, prohibiting unauthorized access to sensitive information [3].