The National Energy Administration issued the Energy Sector Energy-saving and Carbon-reduction Action Plan (2026–2028), directing measures to expand renewables consumption and lift renewables’ share of generation. Market-relevant measures include: ac

2026-07-10

The National Energy Administration issued the Energy Sector Energy-saving and Carbon-reduction Action Plan (2026–2028), directing measures to expand renewables consumption and lift renewables’ share of generation. Market-relevant measures include: accelerate development of new energy storage and explore long-duration storage applications; scale up interprovincial renewable trading; step up distribution-grid construction and smart upgrades to increase the grid’s capacity to absorb distributed renewables and other new participants; and promote green-power direct connections, smart microgrids, integrated source–grid–load–storage solutions and incremental distribution networks to facilitate local consumption and broaden green-power use.