China Energy Policy Newsletter – October 2024

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In this month’s newsletter:

China energy transition updates

  • The government reviews the Energy Law (Draft) for the second time
  • China will strengthen the clean power-hydrogen-ammonia coordinated development
  • New energy passenger car sales account for more than 50%
  • The first large-scale coal-fired power molten salt heat storage project in China put into operation
  • A pilot project for sustainable aviation fuel applications launched

Policy monitoring

  • NEA releases basic rules for power market registration
  • NDRC proposes guidance on clean and efficient use of coal
  • MEE is developing a plan to include energy-intensive industries in the national carbon market
  • The 2023-2024 carbon allowance plan of the national carbon market released
  • NEA requires coordination between the GEC market and the CCER market
  • NDRC takes the lead in conducting pilot projects for large-scale application of V2G

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2024-10 CET_China Energy Policy Newsletter_October 2024Download