A mobile energy storage device in Hangzhou, Zhejiang province. National agencies recently said that a pricing mechanism for the installed capacity of grid-side storage would encourage such facilities to operate on the electricity market. (Image: Long Wei / Alamy)
At the Leaders’ Summit on Climate hosted in April by US President Joe Biden, Chinese President Xi Jinping said the country is to place strict controls on coal power, with limits on the expansion of coal consumption during the 14th Five Year Plan period (2021–25), and gradual reductions in the 15th FYP period (2026–30).
These demands on China’s power system followed the Central Financial and Economic Affairs Commission’s call on 15 March to “build a power system with new energy at the centre”, using sources like hydropower, renewables and nuclear.
China’s decarbonising power system: out with the old, in with the new – China Dialogue
