China Publishes Draft Reforms to Renewable Energy Spot Markets
China has proposed a significant update to its electricity spot market rules that would allow solar and wind farms to trade power alongside their co-located battery systems, a change that could reshape how renewable energy is priced and dispatched across the country’s national grid. The draft that was published by the National Development & Reform Commission on October 19 draws public submissions through November 18, and is scheduled to come into force on January 1, 2027, where it would remain in effect for five years. At the center of the proposal is a provision that lets generators pair with batteries…
