GoodLink – A platform dedicated to promoting renewable energy, is committed to enhancing the development of the energy sector. This article presents recent updates regarding policies and initiatives in the renewable energy field.
Recent Announcements in Renewable Energy
On September 10, 2021, an announcement was made regarding the competitive allocation of a distributed photovoltaic pilot project in Huating City, Gansu Province. The initiative aims to accelerate the development of the new energy industry and regulate investment and development within the photovoltaic power market.
Additionally, on June 4, 2024, the Ministry of Ecology and Environment, along with several other governmental bodies, released a notice regarding the implementation of a carbon footprint management system.
Investment Initiatives
On January 22, 2021, a joint venture between the State Energy Group and China Guoxin established a renewable energy industry fund worth 10.2 billion yuan. This fund will primarily invest in wind energy, photovoltaic projects, hydrogen energy, and energy storage solutions.
Electricity Pricing Updates
There have been several important updates regarding electricity pricing regulations. For instance, on December 25, 2018, the North China Energy Regulatory Bureau issued operational rules for the power peak shaving auxiliary service market.
Distributed Energy Management
In December 2023, the Hebei Provincial Development and Reform Commission published a notice outlining the framework for independent energy storage participation in the electricity long-term trading market. It requires independent storage entities to have a minimum charge and discharge power of 10 megawatts and a capacity of at least 20 megawatt-hours.
Research and Development Reports
A research report by Fangzheng Securities on January 2, 2018, highlighted the advantages of synthetic graphite over natural graphite for lithium battery anodes, stating that synthetic graphite offers better cycle life and performance, although it is marginally more expensive.
Future Prospects
The photovoltaic industry is expected to continue its growth trajectory, with significant investments and policy support paving the way for advancements. The 2025 carbon peak and carbon neutrality goals are driving further development in renewable energy sectors.
Conclusion
As we move forward, the renewable energy landscape in China is set to undergo transformative changes. Continuous efforts in policy formulation, investment, and technology innovation are essential to achieving a sustainable energy future.
