Core Viewpoint - The Shanghai Municipal Development and Reform Commission has announced a comprehensive market-oriented reform for renewable energy pricing, mandating that all renewable energy projects in Shanghai participate in market trading by the end of 2025, thereby establishing a market-driven pricing mechanism for renewable energy [1][3]. Group 1: Market Participation - All renewable energy generation, including centralized and distributed solar and wind power, as well as biomass energy, must participate in market trading by the end of 2025 [1][3]. - Renewable energy projects can either directly quote their output for market trading or aggregate their output for trading; those not participating will default to market prices [1][3]. Group 2: Trading Mechanisms - The reform aims to establish a robust medium- and long-term trading and pricing mechanism, allowing renewable energy projects to engage in annual, monthly, and intra-monthly trading cycles [1][3]. - The notification encourages long-term purchase agreements between renewable energy producers and electricity users to stabilize supply and demand relationships [1][3]. Group 3: Pricing Mechanism - A price difference settlement mechanism will be established for renewable energy participating in market trading, ensuring that the average market price is compared against a set mechanism price [4][5]. - Existing projects will have their pricing and volume determined based on current policies, while new projects will have their pricing established through competitive bidding [4][5]. Group 4: Monitoring and Coordination - The reform includes a mechanism for monitoring electricity prices and assessing price fluctuations to ensure stability in the market [5]. - There will be a focus on policy coordination to align the renewable energy pricing reform with broader energy and environmental goals [5].

Core Viewpoint - The Shanghai Municipal Development and Reform Commission has announced a notification regarding the market-oriented reform of renewable energy grid connection prices, stating that all renewable energy grid-connected electricity will participate in market trading by the end of 2025 [1] Group 1 - All grid-connected electricity from renewable energy projects, including centralized solar, centralized wind, distributed solar, distributed wind, and biomass power generation, will enter the electricity market [1] - The market trading will determine the grid connection price for renewable energy [1]

Core Viewpoint - The article discusses the implementation plan for the market-oriented reform of renewable energy grid pricing in Gansu Province, aiming to promote high-quality development of renewable energy through market transactions and price mechanisms [1][17]. Summary by Sections Market Entry and Pricing Mechanism - All renewable energy projects in Gansu, including centralized and distributed solar and wind power, will have their grid electricity enter market transactions, with prices determined through market trading [1]. - Distributed solar projects can participate as independent market entities or aggregate to enter the market, while those not participating will default to the weighted average price of all renewable projects in the real-time market [1]. Existing Projects Pricing and Scale - For existing renewable projects that commenced operation before June 1, 2025, the mechanism's electricity scale is set at 154 billion kWh, with a mechanism price of 0.3078 yuan per kWh [2][3]. - The execution period for these projects will be determined based on the earlier of the remaining reasonable utilization hours or a 20-year full lifecycle [3]. New Projects Pricing and Scale - For new renewable projects starting after June 1, 2025, the annual scale of electricity included in the mechanism will depend on the national renewable energy consumption responsibility and user capacity [7]. - The mechanism price for these projects will be determined through competitive bidding, with a cap on the bid price [8]. Project Submission and Qualification - Projects must provide various documentation to qualify for the bidding process, including operational permits and project approvals [10][11]. - Distributed energy aggregators must be registered companies in Gansu and provide necessary documentation for their projects [12]. Mechanism Electricity Scale and Limits - The annual mechanism electricity scale will be clarified by the provincial development and reform commission and related departments by September 30 each year [13]. - To prevent irrational pricing, individual project submissions for mechanism electricity cannot exceed 80% of their expected total grid electricity [14].