Shandong's Comprehensive Plan for New Energy Development and Market Integration
Key Ideas
- Shandong's government introduces measures to boost new energy projects like PV and wind power by allowing participation in the electricity market, emphasizing support for green hydrogen projects.
- The document promotes various modes of new energy utilization such as local supply and power trading while encouraging the integration of wind, solar, hydrogen, ammonia, and methanol projects for unified approval.
- Efforts include developing centralized electrochemical storage, leasing platforms, and grid infrastructure upgrades to enhance energy consumption and facilitate local renewable energy usage.
- Comprehensive surveys will be conducted to identify suitable sites for wind and solar projects, with improved land use policies and expedited approvals for offshore new energy initiatives to ensure efficient implementation.
The Shandong Provincial People's Government has released a notice outlining measures to enhance the new energy consumption system and promote high-quality energy development. The document allows newly added centralized and distributed photovoltaic and wind power projects to participate in the electricity market with a percentage of their generation until full participation is required by 2030. Emphasis is placed on supporting new energy utilization modes like local supply and green power trading while encouraging the integration of various projects including green hydrogen initiatives. The plan includes the development of centralized electrochemical storage, leasing platforms, and grid infrastructure upgrades to boost energy consumption and optimize renewable energy usage. Efforts will focus on building distributed smart grid projects compatible with the main grid, utilizing wind, solar, and natural gas. Comprehensive surveys will be conducted to identify suitable sites for new energy projects while improving land use policies and expediting approvals for offshore initiatives.