China Energy Policy Newsletter – December 2021

In this month’s newsletter:

China energy transition updates

  • China will develop a national action plan for methane emission
  • President Xi made it clear to establish a unified national power market system
  • MIIT releases the 14th Five-Year Plan for Industrial Green Development
  • The Central Bank issues carbon emission reduction financing tool
  • The latest LCOE data of China’s wind power and solar PV released
  • The 14th Five-Year trends of offshore wind power development
  • NDRC intends to update the pricing mechanism of medium and long-term contracts of coal

Policy monitoring

  • NEA drafts wind power retrofit and retiring rules
  • NDRC encourages data centers to expand green power consumption
  • The government clarifies the carbon peaking timetable for public institutions
  • NDRC issues administrative measures for electricity sales enterprises

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