Core Viewpoint - The National Development and Reform Commission and the National Energy Administration have issued a notification to promote the development of green electricity direct connection, marking the first time a national-level framework for this model has been established [1] Group 1: Green Electricity Direct Connection - Green electricity direct connection refers to the supply of renewable energy such as wind, solar, and biomass directly to a single electricity user without going through the public grid, allowing for clear physical traceability of the supplied electricity [2] - The policy aims to address the challenges of renewable energy consumption, promote low-carbon transformation in industries, and meet the growing demand for green energy from enterprises, especially in the context of international carbon barriers [2][3] - The notification emphasizes the need for nearby consumption of renewable energy to better meet the green energy needs of enterprises, particularly in light of China's rapid growth in the photovoltaic industry [2] Group 2: Market Mechanism and Structural Changes - Green electricity direct connection is expected to bring structural changes to the electricity industry, shifting from large-scale centralized development to a combination of centralized consumption and distributed local consumption [4] - This model allows companies to directly purchase low-cost green electricity, thereby reducing energy costs and changing energy consumption patterns [4] - The introduction of green electricity direct connection is seen as a key step in China's electricity market reform, impacting transaction mechanisms, price formation, and the cultivation of new business entities [4][5] Group 3: Implementation Challenges and Solutions - Several provinces, including Jiangsu, Yunnan, and Qinghai, have begun to implement plans to promote green electricity direct connection, focusing on operational management and source-load matching [6] - Challenges such as the sustainability of business models and the efficiency of operational modes need to be addressed for broader application of green electricity direct connection [6] - A coordination mechanism is necessary to balance the relationship between green electricity direct connection projects and grid companies, ensuring that the revenue of grid companies is not adversely affected while maintaining the price advantage of direct connection [7]

Core Viewpoint - The National Development and Reform Commission and the National Energy Administration have jointly issued documents to promote the development of green electricity direct connection, facilitating the local consumption of renewable energy and better meeting the green energy needs of enterprises [1] Group 1: Green Electricity Direct Connection - Green electricity direct connection refers to the supply of green electricity from renewable sources like wind and solar power directly to single electricity users through dedicated lines, bypassing the public grid [1] - This approach aims to achieve local consumption of renewable energy while promoting green consumption among electricity users [1] Group 2: Supported Market Entities - The country will support four types of market entities to engage in green electricity direct connection [1] - New electricity-using enterprises can directly build renewable energy projects to match their consumption [1] - Existing export-oriented enterprises can utilize nearby renewable resources for green electricity direct connection to meet carbon reduction requirements [1] - Projects that cannot connect to the grid due to access or consumption limitations can switch to green electricity direct connection mode after completing the necessary procedures [1] Group 3: Renewable Energy Consumption Targets - According to the document, the annual self-generated electricity from renewable sources must account for no less than 60% of total electricity generation [1] - The proportion of renewable energy in total electricity consumption is set to increase from no less than 30% in 2025 to no less than 35% by 2030 [1] - The initiative encourages direct supply of electricity between renewable energy projects and enterprises or users [1]