【SMM News Flash】 China Consults on Power Market Credit Ratings, Proposing Incentives for A-Rated Firms
October 13, China’s National Energy Administration issued a consultation notice on unified electricity-market credit-rating guidance, published on its website October 19. Comments may be submitted by fax or email within 30 days of publication.
The draft proposes streamlined services, appropriately reduced performance-security requirements and broader security options for A-rated participants. B-rated participants would receive standard treatment without incentives. C- and D-rated participants wo