China’s updated electricity market rules to benefit renewables, storage
- Admin
- Jun 6, 2024
- 1 min read
China's National Development and Reform Commission (NDRC) updated electricity market operation rules, effective from July 1. The rules cover a wider range of participants including grid companies, energy storage firms, and virtual power plants. The transaction categories now include medium- and long-term trading, spot trading, and power auxiliary service trading.
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