NDRC Publishes Power Market Operation Rules

The Action Plan for High-Quality Distribution Grid Development (2024–2027) issued by China’s National Energy Administration (NEA) complements the broader strategy outlined in the Action Plan for Accelerating the New Type Power System (2024–2027). This plan specifically focuses on upgrading China’s distribution grid to meet the challenges posed by the energy transition and the nation’s carbon neutrality goals. It aims to ensure the grid’s capacity to handle the increasing demand from emerging market participants such as distributed renewable energy sources and electric vehicles (EVs).

In August 2024, the National Development and Reform Commission (NDRC), National Energy Administration (NEA), and National Data Administration (NDA) jointly released the “Action Plan for Accelerating the New Type Power System (2024–2027)”. This action plan is designed to advance China’s energy transition and align it with national goals to achieve carbon peaking and neutrality (“dual carbon” targets). It addresses pressing challenges in power system transformation, such as grid modernisation, renewable energy integration, and energy security.

In January, China’s National Development and Reform Commission (NDRC), in collaboration with the National Energy Administration (NEA), the Ministry of Industry and Information Technology (MIIT), and the State Administration for Market Regulation (SAMR), released implementation guidelines to enhance the integration of New Energy Vehicles (NEVs) into the power grid. This policy aims to establish a bidirectional vehicle-to-grid (V2G) system based on charging and swapping facilities, utilising the flexibility of EV batteries as controllable loads or mobile storage.