June 2025 Electricity Pricing and Developments in China’s Energy Storage Market

June

Announcement on the Public Disclosure of Electricity Prices for Commercial Users Purchasing Power through Agency in June 2025

To all commercial electricity users:

In accordance with the Notice on Further Deepening the Market-oriented Reform of Coal-fired Power Generation Pricing (Development and Reform Price [2021] No. 1439), we hereby announce the electricity prices for commercial users purchasing power through an agent in June 2025.

Jiangsu Province Publicizes June Power Trading Results

On May 26, 2025, the Jiangsu Provincial Electric Power Trading Center released 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 per megawatt-hour. This represents a decrease of 22% compared to May 2025 and a significant drop of approximately 20% in the price.

Australia’s Cheaper Home Batteries Subsidy Program Launching

Starting 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 a Virtual Power Plant (VPP). However, public interest in this initiative appears to be low.

Market Developments Under Document No. 136 in Shandong, Guangdong, and Guangxi

The winds of electricity market reform have stirred the new energy sector since the release of Document No. 136 by the National Development and Reform Commission and the National Energy Administration on February 9. More than three months into this reform, developments in the energy storage market in Shandong, Guangdong, and Guangxi are being closely observed.

Balcony Energy Storage Systems Gain Global Traction

As the energy revolution reaches households, balcony energy storage systems are becoming a benchmark for companies’ globalization capabilities. Driven by tight energy supplies and favorable policies, the balcony energy storage sector is rapidly evolving.

The Global Energy Storage Industry Enters a “Large Capacity Era”

The energy storage industry is engaged in a competitive landscape centered around large batteries and high capacities. In November 2023, GCL-Poly Energy was the first to introduce a 20-foot, single-cabin, 6MWh energy storage system, marking the beginning of intense competition in the sector.

Successful Conclusion of the High-Quality Development Forum for New Energy Storage and Hydrogen Energy Industries in Taizhou

Recently, the High-Quality Development Forum for New Energy Storage and Hydrogen Energy Industries was successfully held in Hailing, Taizhou. This event, organized in collaboration with the Jiangsu Energy Storage Industry Association, attracted numerous experts and industry leaders to discuss advancements in these sectors.

Policy Adjustments Do Not Indicate Market Decline

The Jiangsu Development and Reform Commission has issued a notice to optimize the time-of-use electricity pricing structure for commercial users, supporting the development of the new energy sector while reducing electricity costs for businesses. Despite recent policy adjustments, the investment profit model for commercial energy storage in Jiangsu is entering a new era.

Highlights

  • Announcement on the Public Disclosure of Electricity Prices for Commercial Users Purchasing Power through Agency in June 2025
  • Jiangsu Province Publicizes June Power Trading Results: 0.31 yuan/kWh, a decrease of about 20%
  • Australia’s Cheaper Home Batteries Subsidy Program Launching
  • Market Developments Under Document No. 136 in Shandong, Guangdong, and Guangxi
  • Balcony Energy Storage Systems Gain Global Traction
  • The Global Energy Storage Industry Enters a “Large Capacity Era”
  • Successful Conclusion of the High-Quality Development Forum for New Energy Storage and Hydrogen Energy Industries in Taizhou
  • Policy Adjustments Do Not Indicate Market Decline

Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/june-2025-electricity-pricing-and-developments-in-chinas-energy-storage-market/

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