China to have unified electricity market system by 2025
China aims to initially build a unified electricity market system by 2025 to enable optimized power resource allocation in a wider scope and improve the stability and flexibility of the power system, according to guidelines released Friday (2022-01-28) “Efforts will be made to enhance the adaptability of the electricity market to a high proportion of new energy sources, and for the creation of innovate mechanisms to carry out green power […]