China Pushes for Renewable Microgrids at Industrial Sites
Market Intelligence Analysis
AI-PoweredChina is implementing a new policy to promote the use of renewable energy micro-grids in industrial parks, aiming to reduce emissions and improve energy efficiency.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
China looks to reduce emissions in industry by introducing a new policy for industrial parks to use more renewable energy from their micro-grids and dispatch less green energy to the main grid. Chinese authorities on Friday issued new guidelines on micro-grids at industrial parks to address hurdles, including a lack of unified technical standards, incomplete market-based mechanisms, and insufficient coordination with the main power grid. Under the new policy, unveiled by five central government departments, including the Ministry of Industry and…
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