June 2025 Electric Pricing Announcement for Commercial Users in Jiangsu: Rates Set to Decrease by 20%

June

National Energy Administration of Jiangsu: Announcement of the electricity price for commercial users under agency procurement for June 2025

On May 30, 2025, the National Energy Administration of Jiangsu published an announcement regarding the electricity price for commercial users under agency procurement for June 2025. This announcement is based on the Notice on Further Deepening the Market-Oriented Reform of the Electricity Pricing for Coal-fired Power Generation (Document No. 1439 of the National Development and Reform Commission).

0.31 Yuan/KWh, approximately a 20% decrease! Jiangsu announces the results of the centralized electricity bidding for June

On May 29, 2025, the Jiangsu Provincial Electricity Trading Center announced the results of the centralized bidding for June. A total of 4.883 billion kilowatt-hours were traded at a price of 312.8 Yuan/MWh. This price reflects a 22% decrease compared to May 2025 and a 21% decrease compared to April 2025.

Australia to introduce a $2.3 billion subsidy for home storage! Participation in the virtual power plant (VPP) is a requirement, but public interest is lacking.

In July 2025, the Australian federal government will officially launch the Cheaper Home Batteries subsidy program. All grid-connected energy storage systems installed under this program must have the capability to participate in virtual power plants. However, there seems to be a lack of interest from the public regarding this policy.

How is the energy storage market under Document No. 136 in Shandong, Guangdong, and Guangxi faring?

As of May 2025, the wind of electricity market reform has stirred the waters of the renewable energy industry. Since the issuance of Document No. 136 by the National Development and Reform Commission and the National Energy Administration on February 9, 2025, this reform has been progressing for over three months.

Balcony solar storage is becoming a battleground globally, with Chinese companies occupying six of the top ten spots!

As the energy revolution reaches everyday households, balcony solar storage systems are becoming a key test of companies’ global capabilities. In recent years, driven by tight energy supply and demand and favorable policies, balcony solar storage systems have gained significant traction.

The global energy storage industry enters the era of large capacity: A technological competition from 6MWh to 20MWh

The energy storage industry is entering a chaotic competition centered on large battery cells and high capacities. In November 2023, GCL-Poly Energy began the competition by launching a 20-foot single-cabin 6MWh energy storage system, prompting rapid responses from other companies such as HYC and BeeHive Energy.

The high-quality development exchange meeting for new energy storage and hydrogen energy industries in Taizhou concluded successfully

Under the theme Smart Storage, Hydrogen-Powered Future, the high-quality development exchange meeting for new energy storage and hydrogen energy industries was held recently in Hailing. The Jiangsu Provincial Energy Storage Industry Association participated as a co-organizer, gathering academic leaders and industry elites in Xiangtai.

Policy retreat does not equate to market retreat! The arrival of the 2.0 era of profit models for industrial storage investment in Jiangsu

The Jiangsu Provincial Development and Reform Commission has released the Notice on Optimizing the Time-of-Use Electricity Price Structure for Industries to Promote Renewable Energy Consumption and Reduce Electricity Costs (Document No. 426 of the Jiangsu Development and Reform Commission), which has officially taken effect. The profits from peak-valley arbitrage for energy storage stations have been significantly reduced.

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