两部门：各地可适当调整省内煤电中长期市场交易价格下限

Core Viewpoint - The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have issued a notice to improve the capacity pricing mechanism for power generation, aiming to support the stable construction of adjustable power sources and ensure the safe and stable operation of the power system, facilitating the green and low-carbon transition of energy [1]. Group 1: Reasons for Improvement - The large-scale development of renewable energy in China has led to its status as the primary installed power source, necessitating the construction of adjustable power sources to ensure stable electricity supply during periods of low renewable output [2]. - The current capacity pricing mechanism faces challenges, including insufficient support for coal power generation hours, inadequate cost constraints for pumped storage projects, and a lack of uniform principles for gas power and new energy storage pricing mechanisms [3]. Group 2: Mechanism Enhancements - The notice categorizes improvements for coal, gas, pumped storage, and grid-side independent new energy storage capacity pricing mechanisms, establishing a unified pricing approach for these sources [4]. - For coal and gas power, the fixed cost recovery ratio will be raised to no less than 50%, equating to 165 yuan per kilowatt annually [4]. - The pumped storage pricing mechanism will be adjusted to allow local authorities to set unified capacity prices based on average cost recovery principles, while also enabling power stations to participate in the electricity market [4]. Group 3: Reliable Capacity Compensation Mechanism - A reliable capacity compensation mechanism will be established to ensure fair compensation based on the peak capacity of different types of power generation units, promoting fair competition among various technologies [5]. Group 4: Market Transaction and Pricing Optimization - The notice encourages fair participation of pumped storage and new energy storage in the electricity market, allowing for better price signals and enhanced regulatory roles [6][7]. - Adjustments to the long-term market trading price floor for coal power will be made, allowing local authorities to determine reasonable limits based on market conditions [7]. - The notice promotes flexible pricing mechanisms in long-term contracts to better reflect supply and demand dynamics [7]. Group 5: Impact on End Users - The policy will not affect electricity prices for residential and agricultural users, while commercial users may see a balanced impact due to the adjustments in capacity pricing mechanisms [8]. Group 6: Positive Effects of the Mechanism Improvement - The improvements in the capacity pricing mechanism will enhance electricity supply security, promote the effective utilization of renewable energy, and support the healthy development of adjustable power sources [9].