National's First Mechanism Electricity Price Bidding Implementation Rules Released—Notice on the Release of the "Shandong Province New Energy Mechanism Electricity Price Bidding Implementation Rules"

On August 8, the Shandong Provincial Development and Reform Commission issued a notice (Lu Fa Gai Price [2025] 577) on the issuance of the "Shandong Province New Energy Mechanism Electricity Price Bidding Implementation Rules."

 

This document provides a detailed explanation of the main body, bidding volume, bidding mechanism, bidding procedures, and supporting mechanisms for new energy mechanism electricity price bidding in Shandong.

 

Details are as follows:

 

 

Notice on the Issuance of the "Shandong Province New Energy Mechanism Electricity Price Bidding Implementation Rules"

(Lu Fa Gai Price [2025] 577)

 

Development and Reform Commissions and Energy Bureaus of various cities, State Grid Shandong Electric Power Company, Shandong Power Trading Center, Shandong Energy Group Co., Ltd., Huaneng Shandong Power Generation Co., Ltd., Huaneng International Power Generation Co., Ltd. Shandong Branch, National Energy Group Shandong Power Co., Ltd., Datang Shandong Power Generation Co., Ltd., State Power Investment Group Co., Ltd. Shandong Branch, China Resources Power Holdings Co., Ltd. North China Region, China Three Gorges Corporation Shandong Branch, Shandong Nuclear Power Co., Ltd.:

 

In order to promote the high-quality development of new energy, in accordance with the provisions of the "Notice on the Issuance of the " (Lu Fa Gai Price [2025] 576) and other documents, the Provincial Development and Reform Commission, Shandong Energy Supervision Office, and Provincial Energy Bureau have jointly formulated the "Shandong Province New Energy Mechanism Electricity Price Bidding Implementation Rules," which are hereby issued to you for your implementation.

 

Shandong Provincial Development and Reform Commission

 

National Energy Administration Shandong Supervision Office

 

Shandong Provincial Energy Bureau

 

August 6, 2025

 

Attachment

Shandong Province New Energy Mechanism Electricity Price Bidding Implementation Rules

 

Chapter 1 General Provisions

Article 1 [Basis for Formulation] These implementation rules are formulated in accordance with the provisions of the "Notice on the Issuance of the " (Lu Fa Gai Price [2025] 576) and other documents.

Article 2 [Scope of Implementation] The new energy projects referred to in these implementation rules refer to wind power and photovoltaic power generation (hereinafter referred to as new energy projects) put into operation (i.e., full-capacity grid connection, the same below) on or after June 1, 2025.

No unit shall use the configuration of energy storage as a prerequisite for the approval, grid connection, and on-grid connection of wind power and photovoltaic power generation put into operation on or after June 1.

Article 3 [Full Capacity Determination Method] The full capacity scale of new energy projects shall be based on the installed capacity (AC side, the same below) approved (recorded) for the project.

Article 4 [Grid Connection Time Determination Method] The full-capacity grid connection time of new energy projects shall be based on the time of the project's first grid connection. For wind power, centralized photovoltaic, and distributed photovoltaic projects of 10 kV and above, it shall be the "start-up time" indicated in the power grid enterprise's power generation equipment start-up and trial operation ticket; for low-voltage distributed photovoltaic projects below 10 kV (excluding 10 kV), it shall be the on-site acceptance and commissioning grid connection time of the power grid enterprise. Before the first grid connection, the new energy project must be fully completed.

Article 5 [Grid Connection Conditions for Distributed Projects] When distributed projects are fully connected to the grid

they should meet the "four available" conditions (observable, measurable, adjustable, and controllable) and have the ability to participate in online power system regulation.

Article 6 [Full Capacity Determination Method for Phased (Batch) Projects] For projects with phased (batch) grid connection, the phased construction scale and content should be clearly stated in the approved (recorded) documents, or separate approval (recording) documents should be processed. If the production scale is consistent with the phased (batch) construction content in the approved (recorded) documents, it shall be regarded as a project of the current period (batch) and shall be connected to the grid in full capacity according to the approved (recorded) documents. For phased (batch) construction projects, State Grid Shandong Electric Power Company shall organize grid connection acceptance according to the procedures.

Article 7 [Mechanism Electricity Price Determination Method for Phased (Batch) Projects] Phased (batch) grid-connected projects can participate in mechanism electricity price bidding in phases (batches) and determine the full-capacity grid connection time in phases (batches). If a new energy project wins mechanism electricity and then connects to the grid in phases (batches), it shall be handled as not being fully connected to the grid. For the same station with multiple mechanism electricity and mechanism electricity prices, if the phases (batches) participate in market transactions separately, the power generation equipment of each phase (batch) should have independent metering, independent control, and independent prediction functions.

 

Chapter 2 Bidding Entities

Article 8 [Bidding Organization Entity] The new energy bidding work shall be organized by the Provincial Development and Reform Commission in conjunction with the Provincial Energy Bureau, and the State Grid Shandong Electric Power Company shall be responsible for undertaking the specific transactional work.

Article 9 [Bidding Application Entity] The bidding application entity is a new energy project that has been put into operation and is planned to be put into operation before December 31 of the following year (for the first bidding, it is put into operation between June 1 and December 31, 2025), and has not been included in the scope of implementation of the mechanism electricity price.

Article 10 [Exceptional Cases for Bidding Application Entities] Wind power and photovoltaic power generation of new energy on-site consumption projects such as source-grid-load-storage and green electricity direct connection, as well as general industrial and commercial photovoltaic power generation put into operation on or after June 18, 2025, and large-scale industrial and commercial distributed photovoltaic power generation put into operation on or after June 1, 2025, shall participate in electricity market transactions for all on-grid electricity except for self-generated and self-used electricity, and shall not be included in the scope of implementation of the mechanism electricity price.

Article 11 [Bidding Agent for Distributed Photovoltaic] Distributed photovoltaic projects that meet the bidding conditions can participate in the bidding independently or entrust a bidding agent to participate on their behalf. Both parties who entrust an agent to bid shall sign a "Bidding Agency Entrustment Letter." At present, distributed photovoltaic bidding agents should have power sales company qualifications. Before participating in the bidding as an agent, power sales companies should complete registration and announcement at the Shandong Power Trading Center.

Article 12 [Participation Method of Distributed Photovoltaic Bidding Agent] The total capacity of projects represented by a distributed photovoltaic bidding agent in each bidding shall not exceed 100,000 kW (the number of projects is not limited). In the same round, the same distributed project can only choose one agent as its bidding agency.

Article 13 [Conditions for Bidding Application Entities] The bidding application entity shall be a legal person or natural person with the ability to independently bear civil liability and independently sign contracts (natural persons only apply to natural person household distributed photovoltaic projects).

Article 14 [Projects of the Same Bidding Entity] The number and capacity of new energy projects under the name of the same legal person or natural person are not limited when applying for mechanism electricity price bidding.

Article 15 [Credit Requirements for Bidding Application Entities] Bidding application entities shall promise to meet the following conditions during the bidding process. If there is any concealment, they will be forced to withdraw from the bidding, the bidding results will be invalid, and the highest-level holding company of the bidding application entity will be prohibited from participating in the bidding for the next three years in all projects in Shandong:

(1) Not under an administrative order to cease production or business operations, or in bankruptcy proceedings;

(2) Not within the scope of bidding prohibition or penalty period as confirmed by relevant documents of the administrative authority;

(3) In the past three years, there has been no fraudulent bidding or serious breach of contract, and no major or above quality accidents or major or above safety accidents caused by its services as determined by the relevant departments;

(4) Not included in the list of business abnormalities or the list of seriously illegal enterprises in the National Enterprise Credit Information Publicity System by the market supervision and administration department;

(5) Not included in the list of dishonest persons subject to enforcement by the Supreme People's Court on the "Credit China" website or various levels of credit information sharing platforms.

Article 16 [Qualification Requirements for Bidding Applicants]

(1) Projects that have been put into operation

1. Wind power (including distributed wind power), centralized photovoltaic projects

Documents proving that the project has been included in the provincial and above energy planning, special planning or annual construction plan should be provided, project approval (filing) documents, business license, "Grid Connection Dispatching Agreement" and "Bidding Information Filling Commitment Letter" signed with the grid enterprise. If it is not handled by the legal representative of the enterprise, a "Bidding Authorization Letter" and the legal identity certificate of the trustee (ID card, etc., hereinafter the same) should also be provided.

2. Distributed photovoltaic projects

(1) Household photovoltaic power generation for natural persons. Project filing documents, legal identity certificate of the householder (ID card, etc., hereinafter the same), "Power Purchase and Sale Contract" and "Bidding Information Filling Commitment Letter" signed with the grid enterprise should be provided. If it is not handled by the householder himself, a "Bidding Authorization Letter" and the legal identity certificate of the trustee should also be provided.

(2) Household photovoltaic power generation for non-natural persons, general industrial and commercial photovoltaic power generation put into operation from June 1 to June 17, 2025 (inclusive). Project filing documents, legal identity certificate of the legal representative (ID card, etc., hereinafter the same), business license of the project, "Power Purchase and Sale Contract" and "Bidding Information Filling Commitment Letter" signed with the grid enterprise should be provided. If it is not handled by the legal representative of the enterprise, a "Bidding Authorization Letter" and the legal identity certificate of the trustee should also be provided.

(2) Projects that have not been put into operation

1. Wind power (including distributed wind power), centralized photovoltaic projects

Documents proving that the project has been included in the provincial and above energy planning, special planning or annual construction plan should be provided, project approval (filing) documents, business license, "Written Reply on Access System Design Plan" and "Bidding Information Filling Commitment Letter" issued by State Grid Shandong Electric Power Company. If it is not handled by the legal representative of the enterprise, a "Bidding Authorization Letter" and the legal identity certificate of the trustee should also be provided.

2. Distributed photovoltaic projects

(1) Household photovoltaic power generation for natural persons. Project filing documents, legal identity certificate of the householder, "Reply on Access System Design Plan for Household Distributed Photovoltaic Power Generation Projects for Natural Persons" or "Project Owner Confirmation Form for Distributed Photovoltaic Access System Plan" issued by State Grid Shandong Electric Power Company, proof of ownership of power generation address (property certificate, homestead certificate, or housing ownership certificate issued by the township and above government) and "Bidding Information Filling Commitment Letter" should be provided. If it is not handled by the householder himself, a "Bidding Authorization Letter" and the legal identity certificate of the trustee should also be provided.

(2) Household photovoltaic power generation for non-natural persons. Project filing documents, legal identity certificate of the legal representative, business license, "Reply on Access System Design Plan for Distributed Photovoltaic Power Generation Projects" or "Project Owner Confirmation Form for Distributed Photovoltaic Access System Plan" issued by State Grid Shandong Electric Power Company, proof of ownership of power generation address (property certificate, land certificate, homestead certificate, or housing ownership certificate issued by the township and above government), contract energy management agreement or power generation address lease agreement (construction using non-self-owned premises) and "Bidding Information Filling Commitment Letter" should be provided. If it is not handled by the legal representative of the enterprise, a "Bidding Authorization Letter" and the legal identity certificate of the trustee should also be provided.

(3) Distributed photovoltaic bidding agent. Materials such as the power sales company's "Market Entity Entry Agreement", the "Distributed Photovoltaic Project Bidding Agency Entrustment Letter" signed with the agency project, the legal identity certificate of the legal representative, the business license, and the "Bidding Information Filling Commitment Letter" should be provided. If it is not handled by the legal representative of the enterprise, a "Bidding Authorization Letter" and the legal identity certificate of the trustee should also be provided. The agency project should submit the corresponding materials according to the requirements of "Distributed Photovoltaic Project" in these implementation rules.

 

Chapter 3 Bidding Electricity

Article 17 [Total Scale of Bidding Electricity] The annual scale of newly included electricity in the mechanism is comprehensively determined based on the completion of the annual non-hydro renewable energy power consumption responsibility weight, user affordability, and other factors. If the completion situation in the year is expected to exceed the consumption responsibility weight, the scale of electricity included in the mechanism in the next year can be appropriately reduced; if it is not completed, the scale of electricity included in the mechanism in the next year can be appropriately increased.

Article 18 [Classification of Bidding Organization] In principle, the mechanism electricity scale is set separately according to technical types such as photovoltaic, far-offshore wind power, and other wind power, and bidding is organized separately. When the bidding entities of a single category are concentrated or the overall scale is small and there is a lack of effective competition, they will no longer be organized separately, and will be unified and merged for bidding. Specific organizational classifications shall be subject to the bidding notice.

Article 19 [Application Sufficiency Rate] The calculation formula for the application sufficiency rate is as follows:

Application Sufficiency Rate = ∑Mechanism electricity applied for by bidding entities participating in clearing bidding of this type / Total scale of mechanism electricity of this type.

Article 20 [Calculation Formula for Mechanism Electricity of a Single Project] The calculation formula for mechanism electricity of a single project is as follows (the actual settled mechanism electricity of a single project shall be implemented according to the actual electricity of the project, the differential settlement rules, etc.):

Mechanism electricity of a single centralized project = Installed capacity (AC measurement) × Annual power generation utilization hours of this type of power source × (1-Plant power consumption rate) × Upper limit of mechanism electricity ratio.

Mechanism electricity of distributed photovoltaic (distributed wind power) = Installed capacity (AC measurement) × Annual power generation utilization hours of this type of power source × (1-Plant power consumption rate) × Upper limit of mechanism electricity ratio (including self-generation and self-use electricity). When the mechanism electricity is settled, the self-generation and self-use electricity is deducted, that is, the actual settled mechanism electricity of "self-generation and self-use surplus electricity grid-connected" distributed photovoltaic (distributed wind power) = Won mechanism electricity - Self-generation and self-use electricity.

(1) "Annual power generation utilization hours of this type of power source" refers to the average annual power generation utilization hours of this type of power generation in the province in the past three years, which is determined after appropriate adjustment considering technological progress.

(2) "Plant power consumption rate" refers to the average plant power consumption rate of this type of power generation in the province in the past three years.

(3) "Upper limit of mechanism electricity ratio" is published in the annual bidding notice.

 

Chapter 4 Bidding Mechanism

Article 21 [Declaration Price Requirements] The declared price includes value-added tax, the unit is "yuan/kWh", and is retained to 3 decimal places.

Article 22 [Bidding Upper and Lower Limits] The bidding upper limit is determined based on factors such as the reasonable cost and return of new energy projects, green value, power market supply and demand situation, and user affordability.

At the current stage, the bidding lower limit is determined in principle by reasonably referring to the per-unit-electricity cost (excluding returns) calculated from the advanced power plant construction cost (including only fixed costs). The bidding lower limit will be cancelled in due course.

Article 23 [Declaration Sufficiency Rate Detection] A declaration sufficiency rate detection should be carried out before price clearing. If the electricity volume scale of the bidding entity participating in the clearing does not meet the sufficiency rate requirement, the total scale of the mechanism electricity of this type will be reduced until the minimum requirement is met.

Article 24 [Price Clearing Mechanism] The bidding adopts a marginal clearing method to determine the clearing price, which is to sort all bidding projects of the same type by their declared electricity prices from low to high, and take the quotation of the last selected project as the mechanism electricity price of all selected projects.

Article 25 [Marginal Unit Disposal Method] When only one project is declared at the clearing price, the electricity volume of the project included in the mechanism is cleared according to the actual remaining mechanism electricity volume (the corresponding calculated mechanism electricity ratio is rounded, the same below). When two or more projects are declared at the clearing price, the electricity volume of the above projects included in the mechanism is allocated according to the installed capacity ratio.

If the selected electricity volume of the marginal unit is less than 50% of its mechanism electricity volume, the selection result of the last selected project is cancelled, and the mechanism electricity price is taken as the declared price of the previous selected project. When the clearing price is the lower limit of the declared price, the session is automatically cancelled.

Article 26 [Mechanism Electricity Price Execution Period] The execution period of the mechanism electricity price is reasonably determined based on the average period for recovering the initial investment of similar projects and is published in the annual bidding notice.

Article 27 [Mechanism Electricity Price Start Time] The mechanism electricity price shall be implemented from the 1st of the month following the project's declared commissioning time. For projects that have already been put into operation at the time of selection, the implementation will start from January 1 of the following year (for projects put into operation from June 1, 2025 to before the 2025 bidding application, the implementation will start from the month following the announcement of the bidding results).

Article 28 [Failure to Meet the "Four Possible" Assessment] For distributed projects that have not met the "four possible" conditions at the time of commissioning, the mechanism electricity volume covered before the end of the month in which the "four possible" conditions are met will automatically become invalid, and the start date of the mechanism electricity price implementation will remain unchanged.

 

Chapter 5 Bidding Procedures

Article 29 [Bidding Organization Time] The bidding work is generally organized in October each year, and the first bidding will be organized in August 2025.

Article 30 [Issuance of Bidding Notice] The Provincial Development and Reform Commission is responsible for issuing the annual bidding notice, which mainly includes: bidding declaration entities, bidding organization classification, declaration sufficiency rate, bidding electricity volume scale, bidding upper and lower limits, execution period, supervision contact information, etc.

Article 31 [Issuance of Bidding Announcement] Within 5 working days of the issuance of the bidding notice, the State Grid Shandong Electric Power Company shall issue a bidding announcement, which shall include: bidding platform (website), bidding time arrangement, bidding organization procedures, consultation telephone number, etc.

Article 32 [Submission of Bidding Materials] New energy projects intending to participate in the bidding shall, in accordance with the requirements of the bidding announcement, fill in basic information, submit relevant qualification materials, declare the electricity price, and submit a performance bond within the specified time limit. The declared electricity price is automatically sealed after the deadline for the initial submission and cannot be changed. Others that fail the audit will be uniformly returned and a time limit will be set for modification. If the resubmission is not made or the audit still fails after the deadline, the bidding qualification will be cancelled.

Article 33 [Audit of Bidding Materials] The Provincial Development and Reform Commission, together with the Provincial Energy Bureau and the State Grid Shandong Electric Power Company, is responsible for auditing the completeness and compliance of the materials submitted by the new energy projects.

For performance bonds that are not issued in accordance with the regulations and are returned by the bidding platform system with the remark "This bond can be voided", the beneficiary is deemed to have automatically waived its right of recourse, and no written confirmation of consent is required. The bidding applicant can void the performance bond at the bank with the information "This bond can be voided".

Article 34 [Clearing of Declared Prices] The State Grid Shandong Electric Power Company shall clear the prices of the projects that have passed the audit in accordance with Articles 23, 24, and 25 of these Implementation Rules.

Article 35 [Public Announcement of Clearing Prices] After the price clearing, the State Grid Shandong Electric Power Company is responsible for publicizing the information such as the names of the cleared projects, project types, mechanism electricity volume ratio, and mechanism electricity price standards. The publicity period is 3 working days. If the bidding applicant has any objections to the publicized results, they must raise them within the publicity period and provide relevant supporting materials. If no objections are raised within the publicity period, it is deemed that the bidding results are accepted.

Article 36 [Announcement of Bidding Results] After the publicity period ends and there are no objections, the State Grid Shandong Electric Power Company will report the bidding results to the Provincial Development and Reform Commission, and the Provincial Development and Reform Commission, together with the Provincial Energy Bureau, will be responsible for publishing the bidding results.

Article 37 [Signing of Power Purchase and Sale Contracts] The State Grid Shandong Electric Power Company shall, when handling the project grid connection service process, complete the signing of power purchase and sale contracts with the new energy project, including the price difference settlement clause, clarifying the basic situation of the project, the scale of electricity included in the mechanism, the mechanism electricity price, the settlement reference price, the price difference settlement method, and the execution period.

For incremental projects that have already signed power purchase and sale contracts before the bidding, the contracts will not be re-signed for the time being, and relevant matters such as price difference settlement will be implemented in accordance with policy regulations.

Article 38 [Rights of Unselected Projects] Projects that are not selected in the current bidding can continue to participate in subsequent bidding. Before obtaining mechanism electricity, they can normally participate in power market transactions (including long-term transactions, etc.). Projects that are selected and announced in the current bidding cannot participate in subsequent bidding again.

 

Chapter 6 Guarantee Mechanism

Article 39 [Performance Bond Requirements for Commissioned Projects] In principle, commissioned projects intending to participate in the bidding do not need to provide a performance bond.

Article 40 [Performance Bond Requirements for Uncommissioned Projects] Uncommissioned projects intending to participate in the bidding need to submit a performance bond issued at a domestic bank branch. The performance bond shall be issued strictly in accordance with the template (see Appendix for the template). The content of the template is generally not allowed to be modified. If modified, the bank's guarantee liability will not be reduced due to the modification. The amount of the performance bond shall be greater than or equal to the amount calculated according to the following formula.

(1) Performance bond amount for a single project = Project approved (recorded) installed capacity (AC measurement) × the number of annual power generation utilization hours of the power source type published in the previous year's bidding notice × the bidding upper limit of the power source type published in the previous year's bidding notice × 10% (the amount is rounded up to the nearest thousand yuan, the same below), and not less than 6,000 yuan. The relevant parameters for the first bidding shall be based on the 2025 bidding notice.

(II) Distributed photovoltaic bidding agent performance guarantee amount = ∑ (registered installed capacity (AC measurement) of the photovoltaic project being represented × annual power generation utilization hours of the power generation type published in the bidding notice of the previous year × bidding upper limit of the power generation type published in the bidding notice of the previous year × 10%, and the amount for a single project being represented shall not be less than 6000 yuan). The relevant parameters for the first bidding shall be based on the 2025 bidding notice.

(III) If no bidding was organized for this type in the previous year, the parameters of the most recent annual bidding shall be used when issuing the performance guarantee.

Article 41 [Guarantee Requirements for Natural Person Household Projects] For natural person household distributed photovoltaic projects that have not been put into operation, those that participate in the bidding independently shall not need to issue a performance guarantee in principle; those that participate in the bidding through a bidding agent shall have the agent issue a combined performance guarantee according to the requirements of Article 40 of these Implementation Rules.

Article 42 [Guarantee Requirements for Projects of the Same Bidding Entity] For a single bidding project, at most one performance guarantee shall be issued. If a single power generation enterprise applies for multiple projects that have not been put into operation, it may issue a performance guarantee for each project according to the requirements of Article 40 of these Implementation Rules, or it may issue a combined performance guarantee.

Article 43 [Responsibility for Combined Guarantee Issuance] If a combined performance guarantee does not meet the audit requirements, the projects involved in the guarantee shall be returned to the distributed photovoltaic bidding agent or power generation enterprise.

Article 44 [Validity Period of Guarantee] The validity period of the performance guarantee shall not be earlier than 9 months after the reported commissioning date. For performance guarantees issued for individual projects, the calculation shall start from the 1st of the month following the reported commissioning date of the project; for combined performance guarantees, the calculation shall start from the 1st of the month following the reported commissioning date of the last project covered by the guarantee.

Article 45 [Guarantee Return Mechanism] After the bidding, for performance guarantees issued for individual projects, projects that are not selected may apply for a return of the performance guarantee, and selected projects may apply for a return after full-capacity grid connection. For projects represented by a distributed photovoltaic bidding agent, and for multiple projects of the same power generation enterprise for which a combined performance guarantee has been issued, a return may be applied for after all selected projects have achieved full-capacity grid connection.

Article 46 [Assessment of Failure to Commission on Time (Within 6 Months)] If the full-capacity grid connection time of a new energy project is later than the reported commissioning month but does not exceed 6 months (inclusive, calculated in natural months), the mechanism electricity generated from the 1st of the month following the reported commissioning date to the end of the month of the actual commissioning date shall automatically become invalid, and the starting date of the mechanism electricity price shall remain unchanged.

The State Grid Shandong Electric Power Company shall deduct 1‰ of the corresponding performance guarantee amount for each day of delay (from the 1st of the month following the reported commissioning date to the actual commissioning date) as liquidated damages. The liquidated damages shall be deducted from the performance guarantee in a one-time manner after the actual commissioning of the project.

Article 47 [Assessment of Failure to Commission on Time (Over 6 Months)] If the full-capacity grid connection time of a new energy project is more than 6 months later than the reported commissioning month (calculated in natural months), the bidding result for that project shall be invalidated, the corresponding performance guarantee for that project shall be deducted, and the bidding qualification for that project for the next three years shall be cancelled.

Article 48 [Use of Guarantee Funds] The deducted performance guarantee funds shall be included in the system operating expenses and shared by all users.

Article 49 [Disclaimer for Special Issues] If the full-capacity grid connection of a new energy project is delayed due to major policy adjustments or force majeure events such as natural disasters, with the consent of the Provincial Development and Reform Commission, the performance guarantee funds and subsequent bidding qualification assessment may be exempted.

Article 50 [Other Guarantee Methods] When conditions permit, new energy projects may participate in bidding through methods such as security deposits and performance guarantee insurance.

Article 51 [Responsibilities of Bidding Applicants] Bidding applicants shall consciously maintain bidding order, strictly abide by relevant national regulations, truthfully fill in and provide relevant bidding information, and shall not engage in market manipulation, collusive bidding, disruption of market order, damage to the public interest, or infringement of the legitimate rights and interests of other business entities. If an applicant is suspected of illegal or irregular activities, it shall be dealt with in accordance with the law by the relevant departments, and its highest-level holding company shall be prohibited from participating in bidding in Shandong for the next three years.

Article 52 [Responsibilities of Bidding Organizing Entities] Bidding organizing entities and their relevant personnel shall do a good job in information security and confidentiality, and shall not illegally obtain or leak unauthorized information.

Article 53 [Risk Warning] The mechanism electricity price bidding is voluntary for new energy projects, and the risks such as reduction of mechanism electricity, deduction of performance guarantee funds, and cancellation of project bidding qualifications arising from participation in the bidding shall be borne by the enterprises themselves.

 

Chapter 7 Supplementary Provisions

Article 54 [Implementation Time] These Implementation Rules shall come into effect from the date of issuance.

 

Information Source: Shandong Provincial Development and Reform Commission Website