14 May 2024
Reforming power markets in China to accelerate the clean energy transition
Background information
Beijing time: 15:30 - 17:30
Power markets around the world are evolving to fit countries’ decarbonisation goals and adopt a renewables’ friendly structure. International knowledge sharing and experiences can inspire China in its power markets reform process, which showed further signs of acceleration this summer.
The webinar will trigger a conversation around the following core topics:
- What are the key reforms needed in China to advance power markets, in a context of increasing penetration of wind and solar power?
- Can the European Union’s proposal to reform its internal electricity market be a source of inspiration for China?
- How can new entities be integrated into power markets to harness emerging flexibility resources?
- Which market instruments and regulatory measures are best suited to address common concerns related to price volatility and changing patterns in a renewable-based system?
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