China's National Development and Reform Commission and National Energy Administration issued a '15th Five‑Year' New Energy Storage Implementation Plan directing greater participation of new energy storage in electricity volume markets. The plan manda

2026-11-13

China's National Development and Reform Commission and National Energy Administration issued a '15th Five‑Year' New Energy Storage Implementation Plan directing greater participation of new energy storage in electricity volume markets. The plan mandates fair access to mid/long‑term and spot markets and says market price signals should incentivize storage dispatch. It encourages renewable bases with storage to participate collectively in interprovincial mid/long‑term markets, allows locally built storage to enter the power market as independent market participants, and calls for studies to refine price‑cap ranges and market linkages between mid/long‑term and spot markets to create space for storage development.