Yesterday, China’s National Development and Reform Commission announced a partnership with the State Grid Corporation of China to develop a green energy trading platform.
With conventional energy sources, it’s possible to start or shut down power plants to adjust the capacity depending on demand.
Renewable energy options – whether wind or solar – are more unpredictable because of their weather dependence, so cannot easily adjust to demand at short notice. That creates a greater imbalance between the supply and demand for electricity.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
