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NEA: Promotes Private Investment in Distributed Renewable Energy and New-Type Energy Storage, Introduces Virtual Power Plant Support Policies

published: 2025-02-28 17:17

According to Official Account @Solar 868, people’s Daily published a report stating that the National Energy Administration (NEA) will step up efforts this year to support more private enterprises in participating in energy project development and construction. This includes encouraging private enterprises to engage in oil and gas exploration and development, processing and conversion projects, as well as investment in new energy and power infrastructure projects. Private enterprises will also be supported in participating in coal mine development in various forms to systematically release advanced coal production capacity. Additionally, the NEA aims to guide private enterprises in playing a greater role in the construction of a new energy system, including the nine key initiatives for building a new power system and renewable energy substitution programs. Furthermore, capable private enterprises will be supported in undertaking major national technological research tasks in the nuclear power sector, participating in the nuclear industry supply chain, and investing in nuclear power projects.

Statistics show that over the past decade, dozens of private enterprises have undertaken or participated in key research projects related to major nuclear power initiatives. Among China’s wind turbine manufacturers, approximately 60% are private enterprises, while the vast majority of photovoltaic equipment manufacturers are privately owned. In 2023, nine out of the top ten domestic new energy storage system suppliers were private enterprises.

An NEA official stated that the next step is to strengthen policy support for the healthy development of the private sector in the energy industry. Efforts will be made to implement market-oriented reforms for new energy grid pricing, transitioning from “guaranteed volume and price” to “market-based competition” to promote both reasonable growth in quantity and effective improvement in quality. Private enterprises will be encouraged to invest in the construction of distributed new energy projects, new energy storage systems, virtual power plants, and smart microgrids, along with the introduction of policy documents to accelerate virtual power plant development. The NEA will also expedite the rollout of policies to facilitate new energy consumption, stimulate vitality across various sectors, and better meet the green energy demands of private enterprises and key users.

Source:https://mp.weixin.qq.com/s/jsDU_1OBN0sHipv_Clj2Yg

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