Chinese province moves grid-side batteries into spot market

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Chinese province moves grid-side batteries into spot market

AI Summary

Zhejiang province in China has implemented market rules enabling 40 grid-side battery storage projects totaling 2.54 GW/5.1 GWh to participate in electricity spot markets. Full price and quantity bidding is scheduled to begin in 2027.

China’s Zhejiang province has set market rules for 40 grid-side storage projects totaling 2.54 GW/5.1 GWh, with full price-and-quantity bidding planned for 2027. The post Chinese province moves grid-side batteries into spot market appeared first on pv magazine Global.

World Markets Energy battery storage Zhejiang spot market grid-side energy storage China electricity market

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