截至11月中旬，山东、甘肃、云南、江西、广东、新疆6省（区）已完成首轮新能源机制电价竞价工 作。从开展新能源项目成本调研，到搭建竞价实施方案，再到陆续启动竞价工作、相继公布竞价结果， 136号文落地后新能源增量项目的首轮市场化竞价，对于我国深化新能源市场化改革、推动能源高质量 发展具有重要意义。 机制电价价差最高近0.18元/千瓦时 从六地公布的新能源机制电价竞价出清结果看，在电价方面，机制电价受消纳能力影响较大。例如，新 疆、甘肃资源富足，但自身消纳能力较低，机制电价水平在已公布的电价中位于中游，甘肃甚至是价 格"谷底"。而广东自身用电量大、云南有更大规模的水电充当新能源"充电宝"，为新能源电量的随发随 用留下了更大空间，也得以在首轮竞价中为企业提供更多收益保障。 云南风光电价基本持平，中标率高达96.22%。云南首次机制电价竞价结果显示，529个新能源项目进行 了申报，最终中标项目509个，中标比例达96.22%。数据显示，截至2025年7月底，云南发电装机容量 除甘肃外，各地风电项目电价均比光伏项目高，更贴近公布的竞价区间上限。这主要受能源出力特性影 响。相对来说，风电项目的出力高峰期与社会用电负荷匹配 ...

Core Viewpoint - The recent auction results for the 2025 renewable energy mechanism electricity prices in Shandong Province indicate favorable conditions for wind energy projects, with wind power prices significantly above the auction lower limit and close to the upper limit, suggesting a favorable investment return for wind projects [2][5]. Summary by Category Electricity Pricing - The mechanism electricity price for photovoltaic (PV) energy is set at 0.225 yuan per kilowatt-hour, with an accepted volume of 1.248 billion kilowatt-hours, representing 80% of the mechanism volume [1][4]. - The mechanism electricity price for wind energy is set at 0.319 yuan per kilowatt-hour, with an accepted volume of 5.967 billion kilowatt-hours, representing 70% of the mechanism volume [1][4]. Project Details - A total of 1,175 PV projects were selected, with a combined capacity of 1.27 GW, including 1.22 GW from centralized PV and 46 MW from distributed PV [4]. - For wind energy, 25 projects were selected, covering centralized onshore, distributed onshore, and offshore wind types, with a total capacity of 3.59 GW [4]. Market Trends - The overall scale of domestic renewable energy development is expected to remain stable during the 14th Five-Year Plan period, with a greater focus on wind energy compared to the previous plan, benefiting companies in the wind energy supply chain [6]. - Companies to watch include Goldwind Technology, SANY Renewable Energy, Yunda Co., and Times New Materials [6].

Core Viewpoint - The article discusses the implementation details of the "Shandong Province New Energy Mechanism Electricity Price Bidding Implementation Rules (Draft for Comments)" aimed at promoting the market-oriented reform of new energy pricing and ensuring high-quality development in the sector [8]. Group 1: Bidding Subject - The bidding subjects include new energy projects that have been put into operation and those planned to be operational by December 31 of the following year, specifically those not previously included in the mechanism price execution range [15]. - Exceptions to the bidding subjects include distributed photovoltaic projects for general and large-scale commercial use, which will participate in electricity market trading for all grid-connected electricity except for self-consumed electricity [15][12]. - Distributed bidding agents can participate in bidding on behalf of household distributed photovoltaic projects, with a total capacity not exceeding 100,000 kW per bidding session [15][12]. Group 2: Bidding Quantity - The total scale of bidding electricity is determined based on the annual completion of non-hydropower renewable energy electricity consumption responsibility weight and user affordability [23]. - Bidding organization will categorize projects by technology type, such as photovoltaic and offshore wind, and will merge categories if competition is insufficient [23]. - The bidding declaration sufficiency rate is calculated as the sum of the declared mechanism electricity of participating subjects divided by the total scale of that type of mechanism electricity [23]. Group 3: Bidding Process - Bidding activities are generally organized in October each year, with the first bidding scheduled for August 2025 [31]. - The provincial development and reform commission is responsible for issuing annual bidding notifications, which include details such as bidding subjects, organization categories, and execution periods [32]. - After the bidding results are announced, projects that did not win can continue to participate in future bidding and engage in electricity market trading [38].