For power generation projects of the coal-fired, hydro, wind, solar, agricultural and forestry biomass, biogas, and waste incineration type, the Hubei DRC will no longer issue project-specific approval of benchmark on-grid tariffs, a process which was previously required by a policy set by the National Development and Reform Commission (NDRC).
CSG Guangdong has revealed plans to invest in three domestic power generation energy storage projects with a total capacity of 1.9GW during 2019-2020.
In order to deepen the deployment of the power system reform, and accelerate the reform in a way that promotes the establishment of a market-oriented electricity price determination mechanism, the old mechanism which relied on a fixed regional coal benchmark price, will be abolished.
By the end of August 2019, national power consumption totaled 4,742TWh, an increase of 4.4%.
SPIC’s unsubsidized 6GW onshore wind project located in Ulanqab, West IMAR, has begun construction.
Through this new agreement, the two sides will strengthen joint innovation to improve the intelligence level of power grid equipment and therefore accelerate the transformation of Yunnan Power Grid into a smart grid operator, a key link in the value chain of the power industry and a growingly important player as service provider to the energy ecosystem. (Yunnan CN)