广东新能源上网电价市场化改革启动实施

Core Insights - Guangdong Province has initiated a comprehensive market mechanism for renewable energy pricing, allowing wind and solar projects to participate in both spot and long-term trading, marking a new phase in renewable energy integration [1][4] Group 1: Renewable Energy Capacity - As of September 2025, the installed capacity of wind and solar energy in Guangdong reached 77.43 million kilowatts, representing a year-on-year increase of 50.5%, surpassing coal power as the largest source of installed capacity in the province [2] - The province has been proactive in launching market-oriented reforms for renewable energy, with a pilot program for renewable energy participation in the electricity spot market starting in December 2022 [2][3] Group 2: Market Mechanism and Pricing - The new pricing mechanism distinguishes between existing and new renewable energy projects, with existing projects receiving a fixed price of 0.453 yuan per kilowatt-hour, while new projects will obtain pricing through competitive bidding [4] - The competitive bidding process for new projects allows for a 14-year price lock for offshore wind projects and a 12-year lock for solar projects, incentivizing participation and competition among renewable energy providers [4] Group 3: Digital Integration and Services - Guangdong Electric Power Company is enhancing its digital integration services to streamline the connection and service processes for renewable energy projects, improving customer experience and operational efficiency [3] - The company is implementing a centralized accounting model for electricity purchase settlements, facilitating data interaction across the entire value chain from marketing to finance [3] Group 4: Green Energy Certificates - The issuance and management of green energy certificates are being improved to meet the diverse needs of electricity consumers, with a closed-loop management system established for the lifecycle of these certificates [5] - As of early October, 5,444 new renewable energy projects have registered for the competitive bidding process, indicating strong interest and participation in the market [5]