China Energy Policy Newsletter – June 2024

In this month’s newsletter:

China energy transition updates

  • MEE announces the timetable to establish a carbon footprint management system
  • The State Council clarifies the deployment of energy conservation and carbon reduction work in 2024-2025
  • NDRC conducts energy efficiency diagnosis for major energy-consuming units
  • Wind and solar power capacity in 2060 is proposed for the first time
  • NEA proposes key tasks to promote renewable energy consumption
  • NDRC updates the basic rule for power market operation

Policy monitoring

  • MoF provides subsidies for car trade-in
  • NDRC to carry out a pilot survey of wind and solar resources
  • NEA encourages solar PV projects to combine with desertificaiton control

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