China Energy Policy Newsletter – November 2023

In this month’s newsletter:

China energy transition updates

  • China and the United States jointly released a statement on tackling climate change
  • MEE releases methane emission control action plan
  • MEE releases China’s 2022 annual report on climate change
  • MEE introduces the development status of the national ETS
  • China to implement coal power capacity price
  • NDRC updates spot power market construction schedule

Policy monitoring

  • China launches carbon peak pilot project
  • MEE announces new version of CCER transaction management measures
  • NDRC supports the refining industry in developing green hydrogen and CCUS
  • MoT encourages the optimisation of new energy bus charging price policies
  • NEA exempts distributed wind power projects from power business licenses
  • NEA launches renewable energy pilot demonstration project

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