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2025-09-12 15:41:25
[Two departments clarify market participation mechanisms for local consumption projects of new energy] ⑴ The National Development and Reform Commission and the National Energy Administration jointly issued the "Notice on Improving the Pricing Mechanism to Promote Local Consumption of New Energy Power Generation." ⑵ The notice clarifies that local consumption projects participate in the electricity market on an equal footing, enjoying the same market status as other power generation companies and electricity users. ⑶ In principle, projects will participate in electricity market transactions as a unified entity, and the on-grid electricity generated will not be included in the price settlement mechanism for sustainable development of new energy. ⑷ In areas where the spot market operates continuously, on-grid electricity trading and price settlement for projects will be conducted according to market rules. ⑸ In areas where the spot market does not operate continuously, in principle, no reverse power transmission to the public grid will be made, and no power transmission settlement will be conducted. ⑹ When using electricity, projects must directly participate in market transactions and may not have power purchased on behalf of grid companies. They must bear the cost of line losses at the on-grid connection based on the amount of electricity generated. ⑺ Public grids are required to provide reliable power supply services to eligible local consumption projects based on their grid connection capacity. ⑻ Projects must establish clear physical and safety responsibility interfaces and use renewable energy generation as their primary power source. ⑼ Self-generated electricity from renewable energy sources must account for at least 60% of total available power generation capacity. ⑽ Self-generated electricity from renewable energy sources must account for at least 30% of total power consumption, and starting in 2030, this must be at least 35% for new projects. ⑾ Power grid companies must install metering devices at various points, including power generation, factory power consumption, and grid connection, to ensure accurate data. ⑿ The new regulations aim to promote the local consumption and utilization of renewable energy power generation by improving pricing mechanisms.
