SMP fixed rate might end its short life

Some market sources say that MOTIE is considering putting the end to the ‘long-term SMP+REC fixed-rate scheme,’ which could be a major setback to the 2.4GW Saemangeum solar project. A media quoted market sources that MOTIE has put a revision on the table which will give fixed rates only to REC, leaving SMP under new floating rates. The fixed-rate scheme was implemented back in 2017 to resolve uncertainty in PV projects’ profitability.

While the revision is still in a realm of speculation, a MOTIE official commented that public hearings will be organized, Energy Newspaper quoted.

Source: Energy Newspaper

Share on twitter
Share on linkedin
Share on facebook

Leave a Reply

Your email address will not be published. Required fields are marked *

In the same category:

알제리가 태양광 용량을 4GW 추가합니다

알제리 정부가 2024년까지 태양광에서 발전용량을 4GW 추가한다는 계획을 발표했습니다. 이에 따르면 알제리는 최대 36억 달러를 투자하며 생산된 전력을 국내에서 사용하는 동시에 수출할 것으로 보입니다. 프로젝트의

Read More »