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Price Reform Amidst Crisis-- China Clean Energy Syndicate

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October 18 · Issue #79 · View online
China Clean Energy Syndicate
China has taken a meaningful step forward in electricity market reform, as the top economy planner NDRC unleashed a critical power pricing policy last week. The regulator inked the policy swiftly after the State Council reached conclusions on addressing the looming energy supply shortage (see last China Clean Energy Syndicate Oct 11). The change in retail power pricing mechanism is a highlight of the new policy. Previously the industry has been debating on the issues regarding retail catalogue pricing for years, but progress has been limited. The change might kick off China’s next reformative moves on the electricity market.
The reform is also significant for renewable, clean energy investment and energy storage market development.
Some other critical updates of the Chinese clean energy market last week:
  • Net-Zero Investment: President Xi last week announced China’s big moves in biodiversity, where mega renewable complex investment is remarked as part of the solution. The top authority’s statement is a clear indication of the investment trend in China’s renewable market.
  • Renewables: The upcoming CWP will see major R&D development from the Chinese wind OEMs. Already CRRC Yongji released the 18MW wind turbine generator while Dongfang Electric Wind Power announced that it is going to reveal this 13 MW turbine prototype in the CWP.
  • Hydrogen: LONGi made another leap in hydrogen equipment development by launching its first alkaline water electrolyzer product.
Please scroll down to check out the 8 updates that we considered noteworthy last week.
For those who do not know us: China Clean Energy Syndicate is a weekly news update project developed by Energy Iceberg. We also offer free analysis on China’s renewable, electricity market, hydrogen, and energy storage. The analytical articles are shared every fortnight. Check out our website to subscribe:

Energy Headline
China's Major Step in Electricity Pricing Reform Done in Speed, with Energy Crisis Looming
Net-Zero Investment Trend
China's Big Moves in Large-Scale Wind/Solar Complex Construction, as part of the Biodiversity Pledge
Wind & Solar
China's First 18MW Wind Turbine Generator Prototype Design Released
Dongfang Electric Plans to Launch a Ground-breaking 13MW Offshore Wind Turbine Prototype This Week
Ming Yang Said its First Floating Wind Overseas Cooperation has Landed in Spain
How far is China’s offshore wind from reaching grid parity?
Hydrogen & Fuel Cells
Solar Frontrunner LONGi Launched its ALK Eletrocyzer Product of 1000Nm3/h, Poised to Shake up the Game
China’s Largest Hydrogen Fuel Cell Hybrid Locomotive is around the Corner
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