According to Zhitong Finance App News, SDIC Power (600886.SH) issued an announcement. According to preliminary statistics of domestic holding companies, from January to March 2024, the company's domestic holding enterprises completed a total of 39.542 billion kilowatt-hours of power generation and 38.447 billion kilowatt-hours of feed-in electricity, an increase of 3.27% and 3.01%, respectively, compared with the same period last year. From January to March 2024, the average feed-in price of the company's domestic holding companies was 0.387 yuan/kilowatt-hour, an increase of 3.75% compared with the same period last year.
Due to the impact of settlement prices and settlement cycles, feed-in tariffs for various power plants fluctuate. Among them: thermal power prices implement the “electricity price+capacity electricity price”, and electricity prices fell compared to the same period; the decline in photovoltaic electricity prices compared to the same period was mainly due to the company's new production units as affordable Internet access projects; the main reason for the rise in hydropower prices in the Yalong River was a change in the electricity structure. Furthermore, Yangfanggou has yet to clarify the electricity price mechanism; the two estuaries will temporarily settle electricity prices during the transition period.