China's first green power certificate came. June 12, the National Renewable Energy Information Management Center WeChat issued a message saying that in accordance with the "National Development and Reform Commission Ministry of Finance National Energy Board on the trial of renewable energy green power certificate issuance and voluntary subscription trading system notice" (development Energy [2017] No. 132) documents, to submit the application of Huaneng, Huadian, energy saving, water consultants and other enterprises belonging to 20 renewable energy power generation projects issued the first batch of green power certificate (hereinafter referred to as green card) Which will lay an important foundation for the voluntary subscription of the green card for the trial on 1 July.
It is noteworthy that, through the green card transactions, enterprises with cost advantages of power generation indicators are not higher than the national subsidy prices sold out to achieve rapid recovery of cash flow, while the subsidy level is to ease the financial pressure through the quota system.
In the industry view, the photovoltaic power generation enterprises to sell renewable energy green power certificate, the corresponding power no longer enjoy the national renewable energy price additional subsidies, PV subsidies will be alleviated.
Green card is officially released
February 3 this year, the National Development and Reform Commission, the Ministry of Finance, the National Energy Board issued "on the trial of renewable energy green power certificate issuance and voluntary subscription trading system notice" (hereinafter referred to as "notice"), requiring green power certificate since July this year 1 day to carry out the subscription work, the subscription price in accordance with the certificate is not higher than the corresponding amount of renewable energy price of additional funds subsidy amount, by the buyers and sellers to negotiate or bid to determine the subscription price.
According to the "notice", Green Power Certificate refers to the National Renewable Energy Information Management Center in accordance with the relevant provisions of the National Energy Board, according to renewable energy power through the National Energy Board Renewable Energy Power Generation Project Information Management platform to eligible renewable energy An electronic certificate issued by a power generation company with a unique code.
It is noteworthy that the "notice" can be said to bring good news to the energy companies, because the green power certificate issued and connected to the electricity, as long as the green card can find buyers, wind power, photovoltaic companies can rely on electricity, from the market Way to quickly replenish funds, especially PV companies are particularly looking forward to the green power certificate.
According to the National Renewable Energy Information Management Center news, this time a total of 20 new energy power generation projects issued 230,135 green card, green card characterization of the total electricity consumption of 230,135,000 kwh, the green card project is mainly distributed in Jiangsu, Shandong , Hebei, Xinjiang and other six provinces, the total installed capacity of 1.125 million kilowatts.
Among them, the land wind power and photovoltaic power plant project can be completed by the information platform to voluntarily carry out the green license is eligible for registration, apply for the issuance of green card. The National Renewable Energy Information Management Center shall, after checking whether the project is included in the subsidy catalog of the electricity price, include the subsidized catalog capacity, apply for the monthly settlement power and the validity of the relevant certificates, issue the green card corresponding to the project electricity.
The industry is conducive to ease the PV subsidy problem
It is noteworthy that, whether it is wind power or photovoltaic industry, the issue of subsidies to become a photovoltaic business is currently facing a big problem, how to resolve has become placed in front of enterprises and departments in front of the thorny problem.
However, with the green power certificate verification, PV subsidies will be alleviated. In many PV companies it seems that the PV project, the Green Power Certificate Exchange income may be appropriate to alleviate the PV subsidy problems brought cash flow pressure.
The specific reason is that with the implementation of green certificate transactions, power generation enterprises can choose to PV power generation through the green certificate transactions, direct access to power generation income, to ease the cash flow of power generation enterprises and renewable energy subsidies due to the profitability of arrears, Project investment rate of return.
The above "notice" clearly pointed out that the wind power, photovoltaic power generation enterprises to sell renewable energy green power certificate, the corresponding power no longer enjoy the national renewable energy price additional funds subsidies, and in the green power certificate after the subscription can not be sold again, this This means that companies can only choose between subsidies and green certificates.
"The green power certificate will solve the cash flow problem for the PV companies because the green power certificate transaction, the cost advantage of the enterprise power generation targets will not be higher than the national subsidy prices to sell out," said Ye Chao, the PV industry, told reporters. , Which can achieve the rapid recovery of cash flow, the formation of no longer rely on the pressure of photovoltaic subsidies.
Photovoltaic industry experts Zhao Yuwen said, "subsidies and the sale of the two candidates choose one of the PV companies are facing the choice of photovoltaic subsidies in the case of serious arrears, more PV companies will choose to sell the certificate because the sale of the certificate can be timely and effective To ease the cash flow of photovoltaic enterprises, so the future will be more and more PV companies will choose to sell the certificate alternative to PV subsidies, a short period of time the green power certificate will ease the arrears of PV subsidies, a long time will promote the PV subsidies out of the stage of history "
However, China and Thailand Securities released research report that the green card issued that the green card trading system officially entered the actual operational level, which in the industry and the investment community has aroused widespread concern and enthusiastic discussion, but the market for the implementation of the green card trading system is not Clear, voluntary subscription led to the lack of green trading power and other concerns.