[Policy Update] NDRC and NEA Issue Notice to Orderly Advance Multi-User Green Electricity Direct Connection

📰 News Highlight

Recently, the National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) jointly issued the "Notice on Matters Concerning the Orderly Promotion of Multi-User Green Electricity Direct Connection Development" (the "Notice").

⚙️ Core Components

1.       Strict "Self-Generation & Self-Consumption" Thresholds: The Notice mandates that the proportion of self-generated and self-consumed electricity within these direct connection projects must not fall below 60%.

2.       Comprehensive Supporting Incentives: The framework establishes that the renewable energy consumption generated by these direct connection projects can be formally credited toward the industrial park's renewable energy consumption assessments.

💡 Key Takeaways

1.       Breaking the Grid Monopoly for Decentralized Energy: This policy marks a significant structural shift by allowing multiple industrial users to connect directly to nearby renewable energy sources.

2.       Forcing the Integration of "Solar/Wind + Storage": The strict 60% minimum threshold for self-consumption effectively prevents developers from building speculative renewable assets without adequate localized demand.

[Market Update] UN-Habitat China Office Showcases Key Innovations at the 13th World Urban Forum

📰 News Highlight

During the 13th World Urban Forum (WUF13), the UN-Habitat China Office hosted a specialized thematic event titled "Shaping Future Buildings: Empowering Climate and Housing Synergy Through Digital Innovation."

💡 Key Takeaways

1.       Synergizing Green Infrastructure and Housing Equity: By shifting focus toward "Shaping Future Buildings," the UN-Habitat China Office released the interim results of its "Future Cities Advisory Outlook 2026."

2.       Scaling Local Practices to Global Solutions: The thematic event served as a major platform for translating successful Chinese localized urban practices into scalable global models.

[Carbon Market]

During May 25 – May 29, the total transaction volume of Carbon Emission Allowances (CEA) in Chinese National Carbon Market reached 3,923,446 tons, with a total transaction value of USD 45,808,035.56. The highest price was USD 11.97/ton, and the lowest price was USD 11.46/ton. For bulk agreement transactions, the volume was 2,429,196 tons, with a transaction value of USD 28,077,017.28.