China Energy Policy Newsletter – April 2024

NEA interprets the characteristics of a new-type energy system
The main starting points for the reduction of energy intensity in 2024
NEA clarifies the main tasks in the energy field in 2024
A further connection of green certificate with energy consumption dual-control
Green power market achieves nationwide coverage
NDRC renews the renewable power guaranteed acquisition supervision policy
Distribution grid development needs to serve distributed entities better
NDRC further regulates ancillary services pricing mechanism
CCER trading market officially launched
The State Council issues the first special regulation on carbon market transactions

NEA announces list of new-type energy storage pilot projects
The 2025 carbon reduction plan for the construction sector released
MIIT requires the establishment of a “dual carbon” standard system in the industrial field
The State Council clarifies the goals of building a waste recycling system
China solicits the fifth batch of key low-carbon technologies for promotion
NDRC updates green industry guiding catalog
NEA issues basic rules for power market information disclosure
NDRC expands coverage of energy efficiency standards for energy-consuming equipment
Government clarifies five-year development goals for power system flexibility

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