CCSN Power: China will strengthen government guidance and services to make overall arrangements for green and low-carbon energy development

Accelerate the transformation of government functions, give play to the strategic guiding role of national development planning, strengthen the coordination and cooperation of macroeconomic policies such as finance, taxation, investment and financing, strengthen market supervision, optimize public services, and ensure the organic unity of efficiency and fairness in energy transformation.

Strengthen planning guidance. Implement the energy production and consumption revolution strategy, formulate a series of special plans such as the medium- and long-term energy development plan, the five-year plan, and the development of renewable energy, make overall arrangements for the green and low-carbon development of energy, and give play to the guiding role of planning in energy transformation, the layout of major energy projects, the allocation of public resources, and the investment of social capital. Strengthen the planning connection between energy and ecological protection, land space and other fields, and strengthen the element guarantee of green and low-carbon transformation.

Strengthen policy support. Adapt to the needs of green and low-carbon transformation and improve the standard system related to clean energy. Formulate a guidance catalogue for green and low-carbon transformation industries, and formulate and improve industrial support policies based on the catalogue. Increase support for clean and low-carbon energy projects from central budget investment, local government special bonds, and the National Green Development Fund. Build a green financial system, guide financial institutions to increase green loan issuance under the principle of marketization and rule of law, and support enterprises to issue green bonds. Optimize the approval and filing process for clean and low-carbon energy projects, and simplify the management procedures for distributed energy investment projects.

Improve regulatory effectiveness. Improve the regulatory system for natural monopoly links in the energy field, and promote the non-discriminatory and fair opening of power grids and oil and gas pipeline facilities to third parties. Continue to strengthen supervision of market transactions, price mechanisms, information disclosure, etc., promptly correct behaviors that disrupt market order, and ensure the effective implementation of market rules. Strengthen supervision of the implementation of major energy plans, policies, and projects, and increase supervision of renewable energy consumption guarantees, regulatory power construction and operation, and rural power grid consolidation and improvement. Innovate energy regulatory methods, establish a new regulatory mechanism based on credit, and promote "Internet +" supervision. Establish and improve a power safety supervision system including large power grid safety risk management, power emergency, dam safety, and network security risk management to ensure the safe and stable operation of the power system and reliable power supply.

CCSN Power responds to the national development strategy, adheres to the concept of green energy development and continuously innovates green products.

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Posted by: Zhang Jianlong

Reviewed and translated by: Kailon Chung