Will the Chinese Carbon Emission Reduction (CCER) scheme become another possible revenue stream for renewables?

Will the Chinese Carbon Emission Reduction (CCER) scheme become another possible revenue stream for renewables?

In the context of the recently announced Chinese ambition to reach Carbon Neutrality by 2060, the Chinese central government has released a draft of National Carbon Emissions Trading Management Measures for public consultation.

Renewable energy intake and storage is highlighted in the 14th Five-Year-Plan

Renewable energy intake and storage is highlighted in the 14th Five-Year-Plan

On November 3, the plenary session of the central committee of the Communist Party of China approved a guiding document to set the country's pace of development for the next five years and to create a vision for 2035.

“Mingyang 2GW wind + solar + storage” project approved in IMAR

“Mingyang 2GW wind + solar + storage” project approved in IMAR

The “Mingyang 2GW wind + solar + storage” demonstration project has been approved by the Tongliao DRC.

Chinese government promotes efficient synergy between new energy vehicles and renewable energy

Chinese government promotes efficient synergy between new energy vehicles and renewable energy

The Chinese central government has recently issued the New Energy Automobile Industry Development Plan (2021-2035) within which it promotes the efficient synergy between new energy vehicles and renewable energy through:

Jiangsu peak-valley electricity price exceeds 0.8CNY/kWh

Jiangsu peak-valley electricity price exceeds 0.8CNY/kWh

The Jiangsu DRC has released newly established electricity sales prices.

NEA: renewable energy power generation subsidy will (in principle) be paid within 10 working days

NEA: renewable energy power generation subsidy will (in principle) be paid within 10 working days

On November 2, the NEA issued an announcement for public comments on the “Measures for Settlement of Electricity Charges for Power Generation Companies and Grid Companies (Draft for Comment)” (hereinafter referred to as the “announcement”).