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PV policy marginal improvement 2019 indicator volume is the key

On October 9, the three ministries and commissions, including the National Development and Reform Commission, the Ministry of Finance, and the Energy Bureau jointly issued the Notice on the Description of Matters Related to Photovoltaic Power Generation in 2018. The 531 New Deal was explained. There are two main points:
1 household use project 531 before filing, 630 before the grid can be included in the indicator, the benchmark price and power subsidy standards. 2 The ground project has been included in the 2017 and previous indicators, and the pre-630 operation is carried out, and the benchmark electricity price is executed.


Here are the comments:
(1) This policy is a supplementary policy of the 531 New Deal. 531 The new political affairs suddenly occurred, and the old policy changes were too big. There was a certain problem in the middle. In particular, some household projects belong to the C-end, which involves a wide range of remedies. This supplementary policy is conducive to eliminating the disputes caused by the 531 New Deal; it is clear that the ground 630 is effective, and it also gives the relevant operators a reassurance. However, whether there is an indicator for non-domestic distribution of grids connected between 531 and 630 is relatively unlikely.
(2) The introduction of the supplementary policy reflects the care of the national ministries and commissions on the industry. The household natural-person distributed photovoltaic project that has not been connected to the grid has been started. Considering that household PV is generally required to be connected to the grid for 2-3 weeks, it is clear that the household PV will be given a one-month buffer period. The household natural person distributed photovoltaic project that has been started before the release is included in the scale approved by the state.
(3) The PV industry policy has improved marginally. The 2019 indicator is the key to whether the industry can recover in advance. The core issue of the photovoltaic industry is no longer the benchmark price, that is, the amount of unit subsidies, because the outstanding cost reduction rate of the photovoltaic industry can quickly offset the decline in benchmark electricity prices. The current core concern is the installed capacity, which is the issuance of domestic indicators in 2019. The sufficient number of indicators can increase the capacity utilization rate of the industry and improve profitability. If the country still achieves the target + front runner + poverty alleviation project over 30GW in 2019, the global PV installed capacity will have a high probability of achieving positive growth, and the industry will recover in advance, and high-quality enterprises will usher in a profitable increase.


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