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China outlines new spot market rules supporting renewable energy and storage integration
China’s National Development and Reform Commission (NDRC) has proposed revised rules for electricity spot markets, introducing explicit provisions allowing renewable energy projects and their on-site battery storage systems to participate…
AI Summary
China’s National Development and Reform Commission released a draft of the Basic Rules for Electricity Spot Markets on October 19, proposing that renewable energy projects and their on‑site battery storage systems can bid together in spot trading. The new rules aim to strengthen China’s emerging unified national electricity market and will replace the interim rules introduced in 2023. Implementation is slated for January 1, 2027, with a five‑year validity period. Public comments on the draft are open until November 18.
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