Core Viewpoint - The article discusses the implementation of a market-oriented pricing mechanism for renewable energy in Shanxi Province, aimed at promoting high-quality development of the renewable energy sector and enhancing market efficiency [22][23]. Group 1: Reform Measures - The plan encourages all renewable energy projects (wind and solar) to participate in market transactions, with a focus on "reporting quantity and pricing" to form grid connection prices [26]. - A sustainable pricing settlement mechanism for renewable energy is established, where the difference between market transaction prices and the mechanism price will be settled by grid companies [27]. - The mechanism pricing for existing projects will be linked to the current coal-fired power benchmark price, set at 0.332 yuan/kWh (including tax) [7][29]. Group 2: Mechanism Pricing and Quantity - For existing projects, the mechanism quantity will be determined based on the proportion of non-market electricity from July 2022 to May 2025 [5][28]. - New projects starting from June 1, 2025, will have their mechanism quantity determined through competitive bidding, with the total annual mechanism quantity calculated based on expected production scale and reasonable utilization hours [11][12][15]. - The mechanism price for new projects will be determined through competitive bidding, with a price ceiling set at 0.332 yuan/kWh and a floor at 0.199 yuan/kWh [15][29]. Group 3: Execution Period and Lifecycle - The mechanism price will take effect from January 1, 2026, and will be determined based on the remaining lifecycle utilization hours of the projects [8][63]. - The reasonable utilization hours for wind projects are set at 36,000 hours, while solar projects vary between 22,000 to 26,000 hours depending on the resource zone [9][24]. Group 4: Competitive Bidding and Constraints - Competitive bidding for new projects will be organized annually, with a requirement that the total declared mechanism quantity must be at least 1.2 times the approved total scale to ensure effective competition [20][31]. - Projects that do not meet the declared production date will have their mechanism quantity automatically invalidated prior to actual production [19][32]. Group 5: Supporting Measures - The article outlines various supporting measures, including the establishment of a price monitoring system for the electricity market and the optimization of trading mechanisms for renewable energy [35][45]. - It emphasizes the need for a comprehensive approach to ensure that renewable energy can participate fairly in the electricity market, including adjustments to auxiliary service market mechanisms [40][42].