China issues 2024-2027 action plan for green energy development and grid stability.

China released a 2024-2027 action plan to build a "new electricity system" focusing on green development and energy security. The National Development and Reform Commission, National Energy Administration, and National Data Administration jointly issued the plan, which includes increasing clean electricity transmission, upgrading coal-fired power plants, and expanding EV charging infrastructure. The plan aims to ensure grid stability and boost the growth of the power distribution network, with an emphasis on renewables and energy storage.

August 06, 2024
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