Deepening the Market-oriented Reform of New Energy Feed-in Tariffs and Promoting the High-quality Development of New Energy
On 27 January 2025, the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) issued a Notice pertaining to new energy feed-in tariff reform and the development of new energy types. The Notice stated the intention of the government to deepen the market-oriented reform of new energy feed-in tariffs, promote the full […]
Notice on Syncing the GEC and CCER Markets
On 26 August 2024, China’s National Energy Administration (NEA) and Ministry of Ecology and Environment (MEE) jointly issued a Notice to relevant bureaus and departments. The Notice outlined four steps to be taken to coordinate the development of the Green Electricity Certificate (GEC) market with the China Certified Emission Reduction (CCER) market. The Notice took […]
Sino-Danish Green Power Cooperation
On 16 January 2025, under the guidance of China’s National Energy Agency and Denmark’s Ministry of Foreign Affairs, the China Renewable Energy Engineering Institute and the Danish Energy Agency organised the Sino-Danish Green Power Cooperation Project Results Conference and Green Power Consumption Seminar in Beijing. The event shared the findings of a report entitled “Facilitating […]
Unified National Electricity Market Roadmap Established By China
On November 29, spearheaded by the National Energy Administration (NEA), the China Electricity Council brought more than twenty entities together to jointly issue the “Blue Book on the Development Plan for a Unified National Electricity Market”. The Blue Book shares details on the roadmap and timetable for the development of the unified national electricity market. […]
Green Electricity Certificates Issuance Reached 4.73 billion in 2024
In December 2024, China issued more than 199 million Green Electricity Certificates (GEC), bringing the yearly total to more 4.73 billion. Wind, solar and hydropower assets accounted for 41%, 17% and 32% of the GECs issued respectively. In 2024, a total of 446 million GECs were traded nationwide, with more than 98% comprising wind and […]
Renewable Energy Capacity Hits 56% of Total Capacity in China
As China accelerates its green transition, the country’s renewable energy capacity reached a record high of 56% of the country’s total energy capacity in 2024. Renewables contributed 86% of new capacity installed in 2024. In 2024, the renewable energy sector increased installed capacity by more than 373,000 MW, a year-on-year increase of 23 percent. Solar, […]
