The National Development and Reform Committee, Ministry of Environmental Protection, and National Energy Administration released a notice on Supporting Policy for Coal-fired Power Plants with Ultra Low Emission on December 9th, announcing subsidies for coal-fired plants which are “ultra-low emission” (emissions level reaches the limits of gas-fired generation units). The qualified coal-fired plants will be paid on a quarterly basis by the grid company. For those units who are connected to the grid and started operations before January 1st, 2016, the subsidy will be RMB 1 cent/KWh above the grid generation price, for those new units that began after January 1st, 2016, the subsidy will be RMB 0.5 cent/KWh.
(Source:21Jingji.com)