Policy Redirection: Aiming for “Green” Development in the New Energy Sector
On May 9, 2025, at 12:10 PM, reports from the New Wave Financial APP indicated that the green electricity market is experiencing accelerated growth. The share price of New Energy Company (002015) is also on the rise, reflecting the company’s rapid development in the new energy sector. On April 29, the National Development and Reform Commission, along with the National Energy Administration, released a document titled Guidelines for the Rapid Development of Electric Power Market Construction, which outlines requirements for the electric power market to reach its foundational targets by 2025.
The policy aims to clarify the estimated value of green electricity and enhance the market’s operational efficiency. New energy is categorized as dynamic electricity, with a focus on “green” attributes and dynamic nature, which will be encouraged through market mechanisms. The integration of green electricity resources is expected to stabilize and enhance resource allocation.
In the meantime, the safety standards for new energy resources will be continuously improved, and the regulatory mechanisms for capacity and compensation will be refined to support the sustainable development of the new energy sector. This series of policy redirections aims to establish a solid foundation for the growth of green energy companies.
According to the latest corporate reports, in the first quarter of 2025, New Energy Company is projected to achieve a revenue of approximately 2.54 billion yuan, representing a year-on-year increase of 35.15%; while the annual revenue is expected to reach 1.93 billion yuan, with a year-on-year increase of 176.61%.
The construction of new energy power systems, based on resource allocation and integrated energy services, will adopt a “resource + service” model, which will enhance operational efficiency and provide a strong foundation for long-term development.
As for the capacity of new energy resources, by March 31, 2025, the total installed capacity is expected to reach 5978.01 MW, including 2017.14 MW from thermal power, 203 MW from hydropower, 2128.47 MW from solar power, 817.85 MW from wind power, and 149 MW from biomass energy.
In terms of operational services, the company continues to promote electricity supply, green electricity, and ancillary services. By the end of March 2025, the company is expected to have a total capacity of 650 MW/1300 MWh for energy storage, with 150 MW/300 MWh currently under construction.
Looking ahead, New Energy Company aims to become a leading provider of green energy services in China. The focus will be on continuous improvement in resource allocation and the development of high-quality energy resource production. The company will also expand its energy service business, leveraging customer-centric approaches to enhance energy service efficiency.
In the construction of the national electricity market, the policies will further promote the growth of New Energy Company, aligning with market trends, operational guidelines, and collective advancements in the green energy sector.
For more information, please visit the New Wave Financial APP.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/policy-shift-towards-green-energy-the-rise-of-renewable-resources-in-chinas-energy-sector/
