{"id":8344,"date":"2013-07-21T15:44:00","date_gmt":"2013-07-21T15:44:00","guid":{"rendered":"http:\/\/198.74.50.173\/2013\/07\/china-sets-incentive-feed-in-tariff.html"},"modified":"2017-04-07T04:12:24","modified_gmt":"2017-04-07T04:12:24","slug":"china-sets-incentive-feed-in-tariff","status":"publish","type":"post","link":"https:\/\/www.nextbigfuture.com\/2013\/07\/china-sets-incentive-feed-in-tariff.html","title":{"rendered":"China feed in tariff price for nuclear energy will boost nuclear power in China while still providing globally competitive electricity prices"},"content":{"rendered":"

A price of RMB0.43 will be paid for each kilowatt-hour generated by new Chinese nuclear power plants,<\/A> according to a ruling by the National Development and Reform Commission intended to incentivise construction. This equates to $70\/MWh. Separately generators pay RMB0.0026\/kWh ($4.2\/MWh) for used fuel management. This it the cost of the nuclear power which EIA estimates at about $30-40 per MWh. This price to the suppliers is lower than the price of wind and energy feed in tariffs provided in European countries which can be several times higher to a little big higher (in the UK for large wind or hydro).<\/p>\n

1 RMB or CNY (Chinese Yuan) is 0.1629 USD. 0.43 times that is 7 cents per kwh.<\/p>\n

This price seems likely to greatly boost the amount of nuclear energy that will be constructed in China, while still leaving China with globally competitive electricity prices.<\/p>\n

7 cents per kwh is a lower price than the price of electricity for most countries in the world<\/a> Only some middle eastern and eastern european countries have lower prices.<\/p>\n

Nuclear tariff 20% less than China Wind and 20% more than coal in China<\/b><\/p>\n

As of August 2011 a China national feed-in tariff for solar projects was issued, and is about US$0.15 per kWh.<\/a> The China wind tariffs per kilowatt hour are set at 0.51 yuan, 0.54 yuan, 0.58 yuan and 0.61 yuan. These represent a significant premium on the average rate of 0.34 yuan per kilowatt hour paid to coal-fired electricity generators.<\/p>

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The China feed in tariff is less than the tariffs for wind in Europe.<\/a><\/p>\n

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\n<\/a><\/p>\n

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\nIf you liked this article, please give it a quick review on ycombinator<\/a><\/b> or StumbleUpon<\/a><\/b>. Thanks<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

A price of RMB0.43 will be paid for each kilowatt-hour generated by new Chinese nuclear power plants, according to a ruling by the National Development and Reform Commission intended to incentivise construction. This equates to $70\/MWh. Separately generators pay RMB0.0026\/kWh ($4.2\/MWh) for used fuel management. This it the cost of the nuclear power which EIA … <\/p>\n

Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":47241,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[27,139,76,44,6,54],"_links":{"self":[{"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/posts\/8344"}],"collection":[{"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/comments?post=8344"}],"version-history":[{"count":0,"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/posts\/8344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/media\/47241"}],"wp:attachment":[{"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/media?parent=8344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/categories?post=8344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextbigfuture.com\/wp-json\/wp\/v2\/tags?post=8344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}