China’s plans to create a unified power market is expected to give renewable energy a massive boost, analysts say. Photo: Shutterstock
China’s plans to create a unified power market is expected to give renewable energy a massive boost, analysts say. Photo: Shutterstock

China’s unified power market to give renewable energy a boost, but its implementation could be an uphill task, analysts say

  • China’s ambition to build a national electricity market could be held back by ineffective power trading programmes and potentially large trading volumes
  • Regulators last week released a policy document to improve the mechanism of the nation’s low-carbon transformation

China’s plans to create a unified power market is expected to give renewable energy a massive boost, analysts say. Photo: Shutterstock
China’s plans to create a unified power market is expected to give renewable energy a massive boost, analysts say. Photo: Shutterstock
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