Heilongjiang Unveils First-Round Mechanism Electricity Price for 2027 at 0.2845 Yuan/kWh, 35 Wind Projects Selected

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The 2027 mechanism electricity price for unified competitive bidding projects in Heilongjiang has been announced, as published on the State Grid New Energy Cloud platform. The cleared mechanism electricity volume stands at 6,412,536,005 kilowatt-hours, with a settled price level of 0.2845 yuan per kilowatt-hour. A total of 35 projects have been selected, all of which are wind power projects.

For context, the cleared price for Heilongjiang's mechanism electricity bidding covering the 2025-2026 period, announced on November 24, 2025, was 0.228111 yuan per kilowatt-hour. The newly announced price for 2027 represents an increase of approximately 24.72% compared to the previous settlement.

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