National Energy Administration: "During the period of the 13th Five-Year Plan, we will continue to open our doors to energy projects and issue guidelines for private enterprises to participate in large and medium hydropower projects."

Wan Jinsong, spokesperson and deputy director of the National Energy Administration, stated at a press conference organized by the Information Office of the State Council that during the 13th Five-Year Plan period, the administration will continue to promote the development of the energy sector and encourage investment by supporting private enterprises to participate in the construction of a new energy system. In major energy projects, the space for private investment will be expanded. Feasibility studies will be conducted for the participation of private enterprises in profitable projects such as nuclear power, hydropower, and oil and gas storage and transportation facilities. Currently, private enterprises have participated in 12 nuclear power projects, with the highest ownership of up to 20%. During the 13th Five-Year Plan period, the administration will continue to open up energy projects and introduce guidelines for private enterprises to participate in large and medium-sized hydropower projects to provide direction and ensure returns on investment. In terms of new models and formats, support will be provided for private enterprises to excel. Out of the 105 approved green electricity direct connection projects, half of them are privately owned. The policy for multi-user green electricity direct connection has been implemented to further stimulate private investment in zero-carbon industrial parks, industrial green microgrids, and comprehensive energy services. The administration will further improve the electricity market and pricing mechanisms to support private investment in virtual power plants, charging facilities, new energy storage, and other projects. In terms of improving the business environment, better services will be provided for private enterprises. Efforts will be made to crack down on irregularities in bidding and procurement, disorderly competition in the photovoltaic industry, and mandatory industrial support policies, while continuing to ensure fair access for private enterprises to basic infrastructure such as the power grid and oil and gas pipelines. During the 13th Five-Year Plan period, new reforms and innovations will be introduced to create greater investment opportunities and confidence for private enterprises in the energy sector.