China issues new rules to support peer-to-peer energy trading
China’s NEA has issued a new policy to support peer-to-peer electricity sales and energy flexibility services.
The new “Guidelines on Supporting the Innovative Development of New Business Entities in the Power Sector,” published on Dece. 5, define two categories of new power market players: technology-specific entities and resource aggregation entities.
Technology-specific entities include operators of distributed energy sources such as solar PV, decentralized wind power, and energy storage stations. Resource aggregation entities include operators of virtual power plants and intelligent microgrids that cohesively manage diverse energy assets.
Under the new guidelines, qualified entrants may be exempt from obtaining conventional electricity business licenses, lowering entry barriers and unlocking opportunities for innovation in electricity services. For example, the policy allows “over-the-fence” electricity sales, enabling companies to sell power from distributed solar systems to customers outside their immediate premises but within the same distribution grid zone.
The guidelines also promote local renewable energy consumption by enabling direct connections between renewable generators and consumers. This could reduce reliance on centralized grid infrastructure, addressing one of the final hurdles for distributed solar power adoption.
To ensure system reliability, the policy outlines four operational requirements for new market players: they must be observable, measurable, adjustable, and controllable. It also encourages virtual power plants to aggregate distributed resources and provide essential grid services such as demand response and frequency regulation.
The NEA said the new policies will foster innovation and ensure fairness in cost-sharing. New market participants must shoulder costs for imbalance settlements, deviation penalties, infrastructure usage fees, and applicable government levies.
The guidelines also streamline registration, trading, and settlement processes. Regional electricity trading agencies will establish registration categories and simplify application procedures for new entities. Settlement mechanisms will align with the specific business models and trading activities of these new players, ensuring financial security in transactions, according to the NEA.
Analysts in China have said that the policy will remove remaining barriers for distributed PV projects, potentially unlocking substantial market potential for this segment. By enabling innovative business models such as “over-the-fence” electricity trading and aggregating decentralized resources, the guidelines are expected to accelerate China’s energy market reforms and the integration of renewable energy into the grid.
Customized/OEM/ODM Service
HomSolar Supports Lifepo4 battery pack customization/OEM/ODM service, welcome to contact us and tell us your needs.
HomSolar: Your One-stop LiFePO4 Battery Pack & ESS Solution Manufacturer
Our line of LiFePO4 (LFP) batteries offer a solution to demanding applications that require a lighter weight, longer life, and higher capacity battery. Features include advanced battery management systems (BMS), Bluetooth® communication and active intelligent monitoring.
Customised Lithium Iron Phosphate Battery Casing
ABS plastic housing, aluminium housing, stainless steel housing and iron housing are available, and can also be designed and customised according to your needs.
HomSolar Smart BMS
Intelligent Battery Management System for HomSolar Energy Storage System. Bluetooth, temperature sensor, LCD display, CAN interface, UART interface also available.
Terminals & Plugs Can Be Customized
A wide range of terminals and plugs can be customised to suit the application needs of your battery products.
Well-designed Solutions for Energy Storage Systems
We will design the perfect energy storage system solution according to your needs, so that you can easily solve the specific industry applications of battery products.
About Our Battery Cells
Our energy storage system products use brand new grade A LiFePO4 cells with a battery lifespan of more than 4,000 charge/discharge cycles.
Applications in Different Industries
We supply customized & OEM battery pack, assemble cells with wiring, fuse and plastic cover, all the cell wires connected to PCB plug or built BMS.
Applications: E-bike, Electric Scooter, Golf Carts, RV, Electric Wheelchair, Electric Tools, Robot Cleaner, Robot Sweeper, Solar Energy Storage System, Emergency Light, Solar Power Light, Medical Equipment, UPS Backup Power Supply.
We can provide you with customized services. We have the ability to provide a vertical supply chain, from single cells to pack/module and to a complete power solution with BMS, etc.
HomSolar (Shenzhen) Technology Co., Ltd
