China Energy Policy Newsletter – August 2024

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In this month’s newsletter:

China energy transition updates

  • The Chinese government proposes refrom priorities in the energy sector
  • The State Council clarifies the plan for building a dual-control system for carbon emissions
  • MEE proposes a carbon allowance allocation plan for 2023-2024
  • NDRC proposes nine actions to build a new type of power system
  • 2024 H1 total installed capacity of wind power and solar PV exceeds coal power
  • NDRC releases renewable power consumption targets for 2024-2025
  • All renewable power projects receive a unique identity code
  • China’s hydrogen energy development advanced steadily in 2023
  • China’s first utility-scale offshore PV project connected to the grid
  • China’s first independently developed DAC device passes reliability operation verification

Policy monitoring

  • NDRC defines three technologies for low-carbon development of coal power
  • NDRC releases data centre energy conservation and carbon reduction action plan
  • NDRC releases action plan for energy conservation and carbon reduction in the electrolytic aluminium industry
  • NEA updates the management measures for natural gas utilisation

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2024-08 CET_China Energy Policy Newsletter_August 2024Download