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CN NEA Backs Private Sector Investment in Nuclear Power Projects, Plans to Issue Opinions on Supporting Healthy Development of Smart Microgrids
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China's National Energy Administration (NEA) has issued a "Notice on Several Measures to Promote the Development of the Private Economy in the Energy Sector", which proposed support for investment in energy infrastructure construction. The notice highlighted that private enterprises are encouraged to take stakes in nuclear power projects and build and improve a long-term working mechanism. They are also supported to invest in the construction of hydropower, oil and gas storage facilities, and liquefied natural gas terminals, as well as to participate in main or branch oil and gas pipeline projects. The notice also expressed support for the development of new energy business models. It calls for the accelerated development of virtual power plants, the orderly promotion of green electricity direct supply models, the issuance of opinions to support the healthy development of smart microgrids, and the formation of policies to facilitate high-power charging and enhance the quality of charging infrastructure operation and services. The NEA advised that private enterprises could actively invest in new energy storage, virtual power plants, charging infrastructure, smart microgrids, and other new energy technologies and business models. AAStocks Financial News |
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