取消“行政化分时电价”，储能收益要重新算账了

Core Viewpoint - The cancellation of the "administrative time-of-use electricity pricing" policy will significantly impact the renewable energy sector, particularly affecting the revenue models of solar and wind energy investors, as well as the operations of retail electricity companies [4][11]. Group 1: Policy Changes - The National Development and Reform Commission and the Energy Administration announced that from December 17, 2025, electricity users participating in market transactions will no longer follow government-mandated time-of-use pricing [4][5]. - The previous time-of-use pricing aimed to guide users to shift electricity consumption from peak to off-peak periods, ensuring grid stability [6][9]. Group 2: Impacts on Renewable Energy - The fixed time-of-use pricing model has become outdated, leading to issues such as fixed pricing not reflecting real-time supply and demand, particularly during peak solar generation times [9][10]. - The cancellation of fixed pricing will disrupt the revenue models of solar and wind energy investors, as their previous calculations based on fixed periods and prices will no longer be valid [12][13]. - New market dynamics may allow for better resource allocation through market pricing, potentially leading to higher returns if managed effectively [12][14]. Group 3: Effects on Retail Electricity Companies - Retail electricity companies, which previously profited from fixed pricing, will face increased trading risks as they must now engage in market negotiations [11][12]. - The traditional model of "easy profits" for retail companies will be challenged, necessitating improved trading management to maintain profitability [11]. Group 4: Storage and Flexibility - The previous revenue model for commercial energy storage, which relied on charging during low-price periods and discharging during high-price periods, will be rendered ineffective [12][14]. - However, the shift to a market-driven approach may create new opportunities for energy storage systems to provide grid support and participate in ancillary services, thus generating new revenue streams [14].