The National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) issued a circular on the establishment of a sound market price mechanism for auxiliary power services.
By the end of 2023, the country's full-caliber installed power generation capacity was 2.92 billion kilowatts (kW), an increase of 13.91 TP3 T. Per capita installed power generation capacity exceeded 2 kW per person in 2023 for the first time since surpassing 1 kW per person at the end of 2014.
At the beginning of 2023, the development of renewable energies was gradually recognized by European countries as part of their regional security strategies, most notably photovoltaics.
The Implementation Plan for Promoting Low-Carbon Development in the Railway Industry was issued to promote the construction of green railroads.
On February 4, Premier Li Qiang recently signed a State Council Decree announcing the Interim Regulations on the Administration of Carbon Emission Trading (hereinafter referred to as the "Regulations"), which will come into effect on May 1, 2024....
On December 14, the U.S. Department of the Treasury and the Internal Revenue Service issued proposed regulations providing guidance on the advanced manufacturing capacity tax credit under the Inflation Reduction Act (IRA).
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