Industry Dynamics

Recently, the Inner Mongolia Autonomous Region Government in the work report pointed out that in 2024, Inner Mongolia's new energy installed capacity in the country took the lead in breaking 100 million, reaching 135 million kilowatts, more than thermal power installed capacity, one year ahead of schedule to realize the autonomous region of the 11th Party Congress to determine the goal. Unit GDP energy consumption down 3%, one year ahead of schedule to achieve the "14th Five-Year Plan" control targets. 2024, Inner Mongolia coal production, power generation, power transmission ranked first in the country; green power trading scale ranked first in the country.

By the end of 2024, the total installed capacity of East China Power Grid exceeded 600 million kilowatts, reaching 600.35 million kilowatts, of which the new energy installed capacity has exceeded 21,000 million kilowatts.

It is reported that in 2024, Inner Mongolia new new energy installed capacity of more than 41 million kilowatts, once again refreshing the annual new energy installed capacity record.

On January 3, the State Council Information Office (SINO) held a series of press conferences on "the effectiveness of China's high-quality economic development". At the conference, Zhao Chenxin, deputy director of the National Development and Reform Commission (NDRC), said that the Central Economic Work Conference emphasized the importance of integrating the relationship between cultivating new and renewing old kinetic energy, and developing new productivity according to local conditions. According to this deployment, the development of new-quality productive forces will surely make greater strides on the basis of the achievements and experience gained in 2024. In our work, we will pay attention to several important aspects.

In November 2024, the NEA issued 1.205 billion green certificates. Among them, wind power 650 million, accounting for 53.93%; solar power 205 million, accounting for 17.01%; conventional hydropower 246 million, accounting for 20.45%; biomass power 103 million, accounting for 8.55%; and other renewable energy power generation 820,000, accounting for 0.07%.Basically complete the certification and issuance of green certificates for the built-in Centralized renewable energy power generation projects June 2022 to date electricity green certificate certification full coverage.

On December 20, the National Energy Board released January-November national power industry statistics. Among them, in November China's photovoltaic new installed capacity of 25GW, January-November photovoltaic cumulative new installed capacity of 206.3GW.

On December 15, 2025, the National Energy Work Conference was held in Beijing. Zheng Jiejie, secretary of the party group and director of the National Development and Reform Commission, attended the meeting and delivered a speech, and Wang Hongzhi, secretary of the party group and director of the National Energy Administration, made a work report.

December 9, Yiwu City Bureau of Economic and Information Technology held a press briefing on the city's industrial economic operation, the meeting noted that the study issued "Yiwu City, the key industry chain cultivation work program", clear around 4 emerging industry chain and 4 traditional advantages of industry chain layout. Intelligent photovoltaic industry vigorously promote large-scale equipment renewal and transformation.

In order to thoroughly implement the deployment of the Third Plenary Session of the Twentieth CPC Central Committee on energy reform, solve the increasingly urgent problems of regulation, consumption and supply protection of the new power system, and to address the emergence of distributed new energy sources, new energy storage, virtual power plants and smart microgrids and other new business entities in recent years, the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) have planned ahead, and actively guided the development and issuance of the "Guiding Opinions on the Innovative Development of New Guiding Opinions on Supporting the Innovative Development of New Business Subjects in the Electricity Sector" (hereinafter referred to as "Opinions"), which indicates the development path of new business subjects in the market-oriented environment of electricity in the coming period of time, and is of great practical significance.

Between November 18 and 19, G20 leaders met in Rio de Janeiro, culminating in the G20 Leaders' Declaration of the Rio de Janeiro Summit. The declaration refers to support for efforts to triple the global installed renewable energy capacity and triple the global average annual rate of improvement in energy efficiency by 2030, through existing targets and policies and based on national circumstances, and accordingly support for the implementation of other zero- and low-emission technologies, including carbon abatement and removal technologies, by 2030.