20余省份机制电价揭晓！上海比山东高84%，浙江比辽宁高31%⋯⋯专家：企业用电成本仍有下降空间

Core Insights - The article discusses the impact of the new pricing mechanism for renewable energy projects in China, particularly focusing on the differences in electricity prices across various provinces and the implications for investment strategies in the solar and wind energy sectors [2][3][4]. Group 1: Pricing Mechanism Changes - The introduction of the "136 Document" has led to a shift from guaranteed purchase systems to a market-based pricing mechanism for renewable energy, requiring all new projects to participate in market transactions [2][4]. - The mechanism prices for new wind and solar projects vary significantly across regions, with the highest prices exceeding 0.40 yuan/kWh in some areas, while others, like Xinjiang, are as low as 0.15 yuan/kWh [3][7]. - The pricing disparities are attributed to regional resource endowments, demand for renewable energy, and local government policies [8][9]. Group 2: Investment Strategies and Market Reactions - Many energy companies are adopting a cautious approach to new investments in renewable projects, particularly in solar energy, due to the extended payback periods resulting from lower mechanism prices [21][22]. - The competitive bidding process has led to lower mechanism prices, with companies often submitting low bids to secure a place in the market, which further depresses prices [20][25]. - The shift in focus from full-grid projects to self-consumption projects is becoming prevalent, as companies seek to ensure stable revenue streams by targeting areas with high electricity demand [29]. Group 3: Impact on Electricity Costs and Market Dynamics - The implementation of the new pricing mechanism is expected to increase system operation costs for companies, but the overall electricity prices may decrease due to intensified market competition and technological advancements [30][31]. - The transition to a market-based system may exacerbate the occurrence of negative electricity prices, particularly during periods of oversupply, but the new pricing structure provides some revenue stability for renewable energy producers [31][32]. - The article highlights the need for renewable energy companies to adapt their pricing strategies in response to market conditions, emphasizing the importance of rational participation in the electricity market [25][31].