State Council Executive Meeting: Actively Promote the Construction of Energy Storage Capacity, Make Sure the Power Price Fluctuation Range Not Exceed 20%

Promote the entry of all coal-fired power generation electricity into the electricity market in an orderly manner. Under the premise of maintaining stable electricity prices for residents, agriculture, and public welfare undertakings, the fluctuation range of market transaction electricity prices will be adjusted from no more than 10% and 15%, respectively, to the principle of more than 20%, and classification adjustments should be made. For high-energy-consuming industries, prices can be formed by market transactions, and they are not subject to the rise of 20%. Encourage local governments to implement phased preferential policies for small and micro enterprises and individual industrial and commercial households. Fifth, we must accelerate the construction of large-scale wind power and photovoltaic bases in the Gobi desert area, and accelerate the construction of emergency backup and peak shaving power sources. Actively promote the construction of coal, natural gas, crude oil reserves and energy storage capacity.