Reform of energy storage pricing mechanism accelerates

China accelerates reform of renewable power pricing to promote

BEIJING, Feb. 10 (Xinhua) -- China is accelerating the market-oriented reform of its renewable power pricing system in a bid to build a new power system and promote the sustainable

2025 Sep 26

Learn More

Unlocking new momentum in China''s green economy

The green economic momentum unleashed by the market-oriented reform of new energy electricity pricing will create new opportunities for new energy enterprises in China.

2025 Jul 23

Learn More

China accelerates reform of renewable power pricing to promote

China is accelerating the market-oriented reform of its renewable power pricing system in a bid to build a new power system and promote the sustainable development of

2026 Jan 26

Learn More

Impact of China''s market-oriented reform on the energy storage

Market-based pricing brings new opportunities for energy storage. The Notice suggests "improving spot market trading and pricing mechanisms," which is expected to

2025 Feb 21

Learn More

Revitalizing China''s Green Economy Through Market-Oriented

By leveraging market mechanisms to optimize resource allocation, improve system flexibility, and enhance investment returns, this reform will accelerate the achievement of the

2025 Aug 20

Learn More

China advances power market reform to support renewable

Policymakers increasingly rely on market mechanisms to mobilise flexible resources and promote efficient integration of renewables. To enable this transition, China launched a

2025 Aug 17

Learn More

China Accelerates Green Economy with Market-Based Energy

On February 9, 2025, China''s National Development and Reform Commission (NDRC) and National Energy Administration (NEA) introduced a significant reform aimed at deepening the

2025 Aug 26

Learn More

China''s Energy Storage Market Enters New Era as

While the immediate removal of mandatory storage requirements may temporarily impact the power generation-side storage

2025 Jul 16

Learn More

China''s Energy Storage Market Enters New Era as Price Floor

While the immediate removal of mandatory storage requirements may temporarily impact the power generation-side storage market, this reform marks China''s entry into deeper

2025 Mar 09

Learn More

How China''s renewable pricing reforms will affect its climate goals

China''s solar and windfarms would no longer be guaranteed sales at a fixed price linked to coal benchmarks, under a new policy released by the central government. The policy

2025 Oct 23

Learn More

Revitalizing China''s Green Economy Through Market-Oriented Energy

By leveraging market mechanisms to optimize resource allocation, improve system flexibility, and enhance investment returns, this reform will accelerate the achievement of the

2025 Nov 24

Learn More

How China''s renewable pricing reforms will affect

China''s solar and windfarms would no longer be guaranteed sales at a fixed price linked to coal benchmarks, under a new policy

2025 Jun 09

Learn More

Initial Findings From 5 Reforms for the Market Design Roadmap

We identified 5 priority reforms in the following target markets: MISO, NYISO, and PJM. Among an array of reforms considered, these unlock the largest value at scale while exhibiting a

2025 Jan 08

Learn More

China Accelerates Green Economy with Market-Based Energy Pricing Reform

On February 9, 2025, China''s National Development and Reform Commission (NDRC) and National Energy Administration (NEA) introduced a significant reform aimed at deepening the

2025 Jan 11

Learn More

View/Download Reform of energy storage pricing mechanism accelerates [PDF]

PDF version includes complete article with source references. Suitable for printing and offline reading.

4 FAQs about Reform of energy storage pricing mechanism accelerates

Why is China accelerating the market-oriented reform of its renewable power pricing system?

BEIJING, Feb. 10 -- China is accelerating the market-oriented reform of its renewable power pricing system in a bid to build a new power system and promote the sustainable development of renewable energy generation.

How will market-oriented reform of new energy pricing affect New Energy Enterprises?

New opportunities for Chinese new energy enterprises The green economic momentum unleashed by the market-oriented reform of new energy electricity pricing will create new opportunities for new energy enterprises in China. Firstly, the establishment of market-based entity status will drive a paradigm shift in development.

Does China need a market-oriented reform of new energy pricing?

Background and necessity of deepening market-oriented reform of new energy electricity pricing China's new energy development is at a historic turning point. By the end of 2024, the total installed capacity of wind and solar power had exceeded 1.2 billion kilowatts, accounting for over 35 percent of the country's total power generation.

How will market-based mechanisms improve the system's capacity to integrate new energy?

Market-based mechanisms will significantly improve the system's capacity to integrate new energy. When new energy electricity is fully incorporated into market clearing, its volatility characteristics will be transmitted throughout the system via price signals.