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Zhejiang Province Issues Subsidy Policy for Offshore Wind Power
Seetao 2021-12-02 10:10
  • Zhejiang strengthens the construction of offshore wind power and photovoltaic projects
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The establishment of carbon peak and carbon neutral targets has continuously promoted the accelerated development of the new energy industry. On November 29, the Zhejiang Provincial Development and Reform Commission issued the "Implementation Opinions on Promoting the High-quality Development of New Energy in Zhejiang Province (Revised Draft)". The "Opinions" proposed to vigorously promote the "Wind-Wind Multiplying Project" and steadily promote the offshore wind power grid. In accordance with the principle of "gradual decline and encouragement of advancement", the offshore wind power tariffs are set year by year, and financial and financial support are implemented to support provincial-managed offshore wind power projects to gradually achieve parity on the grid. From 2022 to 2025, the projects that need to be supported will be determined through competitive allocation, and the total installed capacity of each year will not exceed 500,000 kilowatts, 1 million kilowatts, 1.5 million kilowatts, and 1 million kilowatts, respectively.

"Improving fiscal and taxation and financial policies" includes strengthening fiscal and taxation policy support and increasing support for green finance. Among them, the strengthening of fiscal and taxation policy support specifically includes: including support for new energy development in the provincial carbon peak carbon neutral fiscal policy system, optimizing the use mechanism of provincial development and reform special funds (renewable energy development direction), and encouraging cities and counties to issue support Fiscal policies for the development of new energy and energy storage such as photovoltaics and biomass energy. Preferential taxation policies, implementing a 50% VAT refund policy for eligible wind power products.

Increase support for green finance

Taking the opportunity of the construction of the provincial carbon peak carbon neutral digital platform, relying on the provincial enterprise credit information platform, strengthen the information sharing in the financial field such as offshore wind power and photovoltaic projects, and promote the construction of carbon account financial application scenarios. Actively expand investment and financing channels, comprehensively use green financial products and tools such as green credit, green insurance, green bonds, and green industry funds, and increase support for offshore wind power, photovoltaic projects, and biomass energy under the premise of controllable risks. Guide financial institutions to establish a credit management mechanism that meets the characteristics of new energy companies and wind power photovoltaic projects. Innovate financial products and service methods, and increase financial support for small and micro enterprises and private enterprises in the new energy field. Eligible public welfare projects in the energy sector can apply for special bond support from local governments. Explore the development of wind power, solar power plant infrastructure, real estate investment trust funds (REITs), and asset securitization (ABS) businesses. Encourage insurance institutions to develop insurance products and services for new energy.

In terms of offshore wind power planning, the "Opinions" clearly strengthen planning plans and project advancement, accelerate the construction of Zhejiang offshore wind power bases, and actively promote projects under construction. Organize the revision of the "Zhejiang Offshore Wind Power Development Plan" to realize the large-scale development of offshore wind power in Zhejiang Province. Gradually explore the use of the exclusive economic zone to build deep sea offshore wind power. In accordance with the actual navigation environment in Zhejiang coastal waters, formulate supporting management systems such as wind farm construction and operation and maintenance safety management measures, establish a coordinated management mechanism, strengthen information notification, joint supervision and emergency response linkage, set up a professional operation and maintenance fleet, and intensive operation and maintenance Resources and rescue assistance capacity, establish an integrated operation and maintenance rescue mechanism and a joint defense body for operation and maintenance rescue, and enhance the emergency response capabilities of regional offshore wind power.

In terms of consumption, the "Opinions" emphasize the establishment of a renewable energy power consumption guarantee mechanism, full implementation of provincial-level green power points, speed up the establishment of green energy consumption certification, labeling and publicity systems, and strengthen the construction of power grid supporting facilities. Editor/Xu Shengpeng


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