Wind Wire: Officials urge wind price overhaul

CHINA: China's benchmark prices for wind power are in need of reform, say industry officials. In July 2009, the government set up four benchmark prices for wind farms sending wind power to the grid at CNY 0.51, 0.54, 0.58 and 0.61 ($0.075, 0.079, 0.085 and 0.09) per kilowatt hour, levied according to wind power resources in respective regions. But Wang Zhongying, director of the renewable energy development centre at the Energy Research Institute, a think tank under National Development and Reform Commission, says that China has made inaccurate evaluation of wind power resources in various regions and, as such, the pricing policy is flawed and in need of reform.

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