Expected parity on projects accounted for 11% of 2019 new turbines installed eight provinces and autonomous regions have parity with difficulty

Solar photovoltaic net news: as a decline in the cost of policy bias and are leading the world's largest renewable energy market steadily push forward the development of renewable energy projects at par. Energy bureau also approved the 1 at the same time. 5 gw distributed generation market trading pilot projects. Pilot to promote difficult last year, a batch of new pilot brings new hope. BNEF believes that as the parity projects become the most advantage of examination and approval of channels, subsidies, wind or solar project will spread to most regions of the country, only eight provinces and autonomous regions have parity with difficulty.

on May 20, 2019 national energy bureau announced the first batch of parity of projects, wind power and photovoltaic project size to 4, respectively. 5 gw and 14. 8GW。 In addition, another 1. The experiments will be 5 gw marketization of distributed generation in 26 cities, but does not release specific power generation technology.

in the first batch of parity project, only 30% of the scale has been clear about the grid target by the end of 2019, most of the remaining projects will be built after 2019. A heavyweight project developers to select a better area construction, the condition of parity and small developers in other areas to explore, 2020 years ago the possibility of cost reduction. Judging from these projects, developers return expectations largely unchanged.

at present, the project development in heilongjiang province and guangdong become parity is most favored areas. Heilongjiang province has a good wind and solar resources; And coal-fired electricity price benchmarking of guangdong province for the highest, provides a high yield parity projects over the next 20 years.

although raises hopes that the distributed power generation market transactions, but project before grid and trading still have to obtain the power grid companies to cooperate. This new business model, not only will create new sell electricity enterprises at the same time be cut deals involving the Internet fee. Therefore, the development of our market trading next to distributed cautious optimism.

though parity project only BNEF accounted for the size of this year, wind power and photovoltaic (pv) of new installed capacity forecast of 4% and 11%, this will be the beginning of a rapid transition. Beginning in 2021, all newly approved onshore wind project will be without the support of subsidies, photovoltaic policy will also be followed. BNEF developer interest in parity projects are expected to growing, promoted the parity project at least seven other provinces and regions.

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