New allocation plan slightly eases tightening of coal plants’ allowances
On 17 October, the Ministry of Ecology and Environment (MEE) issued the official version of 2023-2024 allocation plan for the power sector. While largely confirming the details from the earlier draft released in July, the plan sets slightly less stringent benchmarks for coal plants generating electricity for 2023-2024 period.
What remains unchanged? Scope coverage The long awaited allocation plan covers the same scope as previous compliance cycles: the Chinese national ETS continues to regulate coal and gas plants, with three categories of coal plants, including those with ge...
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