Zhejiang: Establish A Grid Side Energy Storage Demonstration Project Award Mechanism To Add 1.5 Million Kilowatts Of New Energy Storage In 2024

On February 18, the Development and Reform Commission of Zhejiang Province issued a notice on expanding effective investment policies in Zhejiang Province in 2024.

It is proposed to accelerate the construction of clean energy and new power infrastructure. Support the high-quality development of renewable energy, add more than 8 million kilowatts of scenery, promote the provincial management of sea wind power "should be open" in a competitive way, increase far-reaching sea breeze demonstration pilot efforts, implement all kinds of "photovoltaic +" actions, encourage all localities to combine the actual use of agricultural facilities, greenhouses, can restore land, etc., the implementation of "joint rich photovoltaic agricultural upgrading project." Formulate guidelines for speeding up the construction of new power systems, and create more than 20 landmark achievements. We will introduce measures for the construction and operation management of charging facilities, implement the policies of national and provincial awards and subsidies, optimization of peak and valley hours of electricity consumption, and price fluctuation, and focus on supporting the construction and operation of rural public charging facilities, with more than 20,000 new public charging facilities. Establish a mechanism for awarding and subsidizing energy storage demonstration projects on the grid side, introduce new energy storage management measures and guidelines for user-side energy storage construction, promote the healthy development of the industry, and add 1.5 million kilowatts of new energy storage.

The original text reads as follows:

Zhejiang Provincial Development and Reform Commission on the issuance of 2024 Zhejiang Province expansion of effective investment policy notice

Municipal, county (city, district) people's governments, units directly under the provincial government:

The Policy of Expanding Effective Investment in Zhejiang Province in 2024 has been approved by the provincial government and is hereby issued to you. Please implement it carefully.

Zhejiang Provincial Development and Reform Commission

February 6, 2024

In 2024, Zhejiang Province will expand effective investment policies

In order to fully implement the spirit of the Economic Work Conference of the Central and provincial Party Committees, further implement the "thousand trillion" project to expand effective investment, expand effective investment, optimize investment structure, improve investment efficiency, support high-quality investment with high-quality projects, and promote high-quality development, the following policies are formulated.

1. stabilize the basic investment.

We will make good use of the investment policy toolbox, promptly study the undertaking mechanism and implementation measures for the implementation of national policies, and accelerate the release of policy dividends. The total investment will maintain reasonable growth and ensure that the province's fixed asset investment will grow by about 6% in 2024. The investment structure is continuously optimized to ensure that the growth rate of private investment in 2024 and the proportion of private investment in fixed asset investment in the province will increase compared with the whole year of 2023; The growth rate of investment in high-tech industry, manufacturing industry, ecological and environmental protection, transportation, energy and water conservancy is faster than the growth rate of investment in the surface. (Leading units: Provincial Development and Reform Commission, municipal and county governments). The following work needs to be implemented by the municipal and county (city and district) governments, no longer listed)

2. play a supporting role in major provincial construction projects.

Implement the "one method, one library and one plan", implement the "Measures for the Management of Major Construction Projects in Zhejiang Province", iterate the provincial major project library, and manage it according to the four stages of "planning, opening, construction and investment". Concentrate the strength of the province to promote the expansion of effective investment in "thousand trillion" project major projects, make good use of the hierarchical classification and classification coordination mechanism, and strive to approve major provincial construction projects as fast as possible, factor guarantee should be guaranteed, and promote the completion rate of investment and the start-up rate of new projects to reach the scheduled target. (Lead unit: Provincial Development and Reform Commission)

3. encourage inclusion in the list of 102 major projects in the national "14th Five-Year Plan".

Encourage all localities to actively reserve and declare 102 major engineering projects under the national "14th Five-Year Plan", support eligible projects to declare local government special bonds, and support eligible projects to be prioritized for inclusion in provincial major construction projects. (Lead unit: Provincial Development and Reform Commission)

4. we will strengthen the guarantee of land and sea use.

In 2024, the province will supply 350,000 mu of construction land, strive to include 100 projects in the scope of national land security, and ensure that major infrastructure projects above the provincial level will add 50,000 mu of construction land planning indicators. Improve the land security mechanism for major industrial projects in the province, ensure that the provincial major industrial projects add 15,000 mu of construction land plan indicators, allow the demonstration manufacturing projects in the provincial major industrial projects to advance the new construction land plan indicators, and give priority to supporting the construction of major industrial projects in the province of 26 counties in the mountains. Support eligible provincial major construction projects to use the provincial overall supplementary arable land indicators. Before the end of January 2024, a certain amount of active linked new construction land plan indicators will be arranged in advance, and before the end of June, the full amount of 2024 active linked new construction land plan indicators will be issued. Continue to implement livelihood and industry support actions in 26 counties in mountainous areas, give each county 200 acres of new construction land plan indicators, and ensure the people's livelihood and industrial complementarities project land. By 2024, the project will use 25,000 mu of sea. (Lead unit: Provincial Department of Natural Resources, Provincial Development and Reform Commission)

5. strengthen the use of forest land elements for construction projects.

Establish the forest land elements guarantee mechanism of major provincial construction projects. By 2024, the scale of forest land elements guarantee in the province will reach 100,000 mu. Provincial-level overall planning to guarantee the use of forest land quota of 30,000 mu for major construction projects in the province. For the use of forest land for major construction projects in the province, the implementation of "occupy while making up", allowing the completion of the supplementary forest land task by the end of the next year at the latest. We will increase support for the high-quality development of 26 counties in mountainous areas, and ensure that 26 county governments invest in infrastructure, public utilities, and people's livelihood projects with a woodland quota of 5,000 mu. (Lead unit: Provincial Forestry Bureau)

6. Actively make good use of special bonds of local governments.

Carry out the normal reserve of special bond projects, and actively strive for the quota of special bonds in our province. Accelerate the issuance and use of special bonds, and form a physical workload as soon as possible. (Lead unit: Provincial Department of Finance, Provincial Development and Reform Commission)

7. Standardize the use of additional Treasury bonds.

Funds for the issuance of additional government bonds shall be appropriated in a timely manner and used in a standardized manner, and shall not be misappropriated. We will expedite the handling of relevant procedures to ensure that new projects start on time and projects under construction are promoted on schedule. Strengthen project supervision and inspection, give full play to the benefit of funds, and accelerate the formation of more physical workload. (Lead unit: Provincial Development and Reform Commission, Provincial Department of Finance)

8. Strengthen the construction of urban underground pipe networks and other five areas to make up for weaknesses.

Accelerate the construction of urban underground pipe network, promote the high-quality development of education, promote the citizenization of migrant workers, effectively increase the supply of medical services, effectively increase the supply of elderly care services and other five areas to make up for weaknesses, increase efforts to organize projects, and strive for national support, and strive to do more demonstrations and gain more experience. (Lead unit: Provincial Development and Reform Commission)

9. Strive for state funds such as investment within the central budget.

We will seek special funding support for projects such as government-subsidized housing projects and flood control and drainage projects, and governments at all levels will raise matching funds in strict accordance with the application requirements for projects that have won investment from the central budget. The relevant units at the provincial level actively strive for various types of special fund support from the national counterpart ministries and commissions, and prioritize the construction of major projects in our province. Around 160 billion yuan of medium - and long-term project loans from policy-oriented development banks will be provided. (Lead unit: Provincial Development and Reform Commission, State Financial Supervision and Administration of Zhejiang)

10.Continue to inject capital into major infrastructure development platforms.

For state-owned platform companies that undertake functional infrastructure construction, financial departments at all levels can inject certain capital according to the project situation and financial status, and leverage more social capital to participate in major project construction. (Lead unit: Provincial Department of Finance)

11. Implement early-stage fund incentives.

For major provincial construction projects confirmed to meet the conditions and advance quickly in the early stage, funds will be arranged from the 2024 provincial development and reform special public construction block funds, and priority will be given to incentives. All localities shall formulate and implement corresponding incentive policies with reference to provincial practices. (Lead unit: Provincial Development and Reform Commission, Provincial Department of Finance)

12. Make every effort to ensure the use of energy for advanced major projects.

In 2024, the energy consumption of new major projects will be guaranteed to be more than 20 million tons of standard coal, and the energy consumption of major construction projects in the province will be guaranteed. We will intensify efforts to enhance the agglomeration of traditional industries, upgrade energy-saving technologies, and eliminate outdated production capacity, and free up more than 5 million tons of standard coal for energy use in the year. We will formulate a quarterly energy use guarantee list for private investment projects, and strengthen in-process tracking and control and post-event performance evaluation. Make full use of the national green card to offset energy consumption policy, encourage and support market entities to purchase green cards, and the corresponding green card electricity is not included in the assessment of enterprise energy conservation target responsibility. Allow eligible new projects to implement energy balance programs through the purchase of green certificates and other forms. Promote industrial and commercial users in the province to enter the market, and strive to achieve about 330 billion KWH of market-oriented electricity throughout the year, play the role of ballast for medium and long-term transaction electricity, achieve a proportion of not less than 95%, and promote industrial and commercial electricity prices on the original basis of a steady decline. The annual green electricity transaction scale of enterprises reached more than 6 billion KWH. (Lead unit: Provincial Energy Bureau)

13. Accelerate investment in technological upgrading of enterprises.

The provincial level has arranged special funds to support enterprises to carry out high-end, intelligent and green technological transformation. Local governments are encouraged to increase their support for technological transformation, and for technological transformation projects whose government subsidies and incentive funds are calculated based on the amount of investment in equipment, local governments may include the costs of equipment purchase and installation, software and information system purchase, design and testing, and third-party engineering services spent by enterprises to implement technological transformation into the calculation of equipment investment. We will encourage all localities to include work safety upgrading as a key part of technological upgrading and increase support. Encourage all localities to support intelligent transformation project service providers to provide technical transformation consulting and diagnostic services for enterprises in different regions and industries. For major technological transformation projects that are relocated or expanded into industrial development platforms such as development zones (parks), all localities may implement access and preferential policies with reference to investment attraction projects. We will encourage financial institutions to increase lending, and implement policies such as non-repayment of principal and renewal of loans and medium - and long-term loan support for technical transformation financing. (Lead unit: Provincial Economy and Information Technology Department)

14. Make greater efforts to attract and utilize foreign investment.

Implement the annual provincial major foreign-funded project promotion plan, and implement the provincial, municipal and county level work shift mechanism, "project specialist" service coordination mechanism, work drying mechanism and factor guarantee coordination mechanism. We will seize policy opportunities such as lifting restrictions on access to foreign investment in the manufacturing sector and further opening up the service sector, and strengthen the reserve and attraction of major foreign investment projects. We will improve the pre-commitment mechanism for guaranteeing factors for major foreign-funded projects. (Lead unit: Provincial Development and Reform Commission, Provincial Department of Commerce)

15. Support the construction of major projects of the "million mu billion" new industrial platform.

Focusing on the development direction of 4 trillion and 4 500 billion level key industrial clusters, support the construction of major projects such as integrated circuits, new energy vehicles and key components, intelligent Internet of Things, intelligent photovoltaic, high-end new materials, biomedicine and medical devices within the "million mu billion" new industrial platform. Give priority to supporting major projects in the fields of new energy vehicles and integrated circuits within the new industrial platform to apply for national window guidance. Projects in the new industrial platform are supported to apply for investment special projects within the central budget, and do not account for the number of districted cities. Give priority to supporting qualified innovation carriers within the new industry platform to undertake national and provincial science and technology plans (special) projects, and give support according to relevant regulations. Support innovative land transfer models, encourage conditional new industrial platforms to carry out one-time pilot projects for the overall land supply of major projects and programs, and support new industrial land (M0) to be prioritized in new industrial platforms. Guide financial institutions to increase technical transformation loans, merger and acquisition loans for leading industrial projects of new industrial platforms, and expand medium - and long-term loans for manufacturing. (Lead unit: Provincial Development and Reform Commission)

16. Accelerate the construction of transportation strong province projects.

Establish a bidding project database that can be surveyed and designed in advance, and allow the project to be submitted to the bidding by the whole process consulting service pilot at the engineering stage. To ensure the demand for sand and gravel for the construction of major transportation projects above the province, and to establish new sand and gravel mining rights, the transfer of mining rights is not restricted by the annual transfer plan. For government-repaid expressways, the special debt is shared in principle according to the proportion of capital contribution of provinces, cities and counties, and the vehicle toll income is shared according to the proportion of capital contribution. We will actively promote the inclusion of a number of major expressways and ordinary national highways in national planning and plans, and strive for central funding support. We will continue to promote the implementation of the 2.0 version of high-quality construction of "Four good rural roads", and implement 1,000 kilometers of newly rebuilt rural roads and 5,000 kilometers of maintenance projects. (Lead unit: Provincial Department of Transportation)

17. Speed up the construction of railway and rail transit projects.

Start the medium and long term layout planning revision of Zhejiang railway network and the preparation of Ningbo Zhoushan Port sea-rail combined transport planning, further optimize the layout of railway and sea-rail combined transport network in our province, accelerate the advance of a number of trunk channel projects such as Wenfu-fu high-speed railway, and actively build a "channel + branch + special line + hub" sea-rail combined transport system. We will continue to promote pilot projects for comprehensive land development along railway lines and actively explore ways to achieve them. We will start planning for the construction of intercity and urban (suburban) railways in Zhejiang Province, promote the full start of Hangzhou Metro Phase IV and Shaoxing Metro Phase II projects, and accelerate the construction of an interconnected multi-level rail transit network system. (Lead unit: Provincial Development and Reform Commission)

18. Speed up the construction of clean energy and new power infrastructure.

Support the high-quality development of renewable energy, add more than 8 million kilowatts of scenery, promote the provincial management of sea wind power "should be open" in a competitive way, increase far-reaching sea breeze demonstration pilot efforts, implement all kinds of "photovoltaic +" actions, encourage all localities to combine the actual use of agricultural facilities, greenhouses, can restore land, etc., the implementation of "joint rich photovoltaic agricultural upgrading project." Formulate guidelines for speeding up the construction of new power systems, and create more than 20 landmark achievements. We will introduce measures for the construction and operation management of charging facilities, implement the policies of national and provincial awards and subsidies, optimization of peak and valley hours of electricity consumption, and price fluctuation, and focus on supporting the construction and operation of rural public charging facilities, with more than 20,000 new public charging facilities. Establish a mechanism for awarding and subsidizing energy storage demonstration projects on the grid side, introduce new energy storage management measures and guidelines for user-side energy storage construction, promote the healthy development of the industry, and add 1.5 million kilowatts of new energy storage. (Lead unit: Provincial Energy Bureau)

19. Accelerate the construction of water network improvement projects.

For provincial approval projects that do not cross districted cities and do not have factor constraints and major technical problems, the feasibility study report can be directly examined by the water administrative department of the districted city, and the provincial water resources Department will review and issue industry review opinions. Encourage the development of the whole process of project consulting, project contracting (EPC), and explore the promotion of bidding and bidding "evaluation separation" reform. After approving investment in the water conservancy part of the problem seawall projects in coastal counties (cities and districts) and island areas in island counties in mountain areas, the provincial special fund for water conservancy shall increase by 10% on the basis of the original subsidy standard. (Lead unit: Provincial Water Resources Department)

20. Strengthen the construction of high-standard farmland.

To increase financial input, the provincial overall planning part of the land transfer fee will focus on supporting the construction and upgrading of high-standard farmland, supporting the construction and upgrading of high-standard farmland (including functional areas for food production) of 700,000 mu. Strengthen the construction of farmland infrastructure, supporting irrigation and drainage systems, building field roads, improving the quality of cultivated land, and raising the overall grain production capacity. (Lead unit: Provincial Department of Agriculture and Rural Affairs)

21. Improve the efficiency of land use approval.

We will carry out a concentrated campaign to submit land for approval for major projects, abolish the standard system of balanced farmland subsidies, simplify the pre-examination and review of land use, and allow major infrastructure projects at or above the provincial level to handle agricultural land conversion and land expropriation in stages. To guide the application for approval of land use components for major infrastructure projects, and to allow the acceptance of land use components for major infrastructure projects under foreseeable circumstances to improve the efficiency of the application for approval of land use for major infrastructure projects. (Lead unit: Provincial Department of Natural Resources)

22. Put existing assets to work.

We will support local governments in exploring innovative policies for revitalizing assets and scientifically setting ways to do so. We will support eligible projects in water conservancy, warehousing and logistics infrastructure, affordable rental housing, expressways, and port and shipping infrastructure, and carry out pilot projects for real estate investment trusts in infrastructure. Support private enterprises to participate in the REITs pilot, support the listed REITs pilot projects to expand financing, and accelerate the cultivation and application of REITs pilot projects in our province. We will strengthen supporting projects and support the implementation of national fiscal, tax and financial policies for eligible projects. (Lead unit: Provincial Development and Reform Commission, Zhejiang Securities Regulatory Bureau)

23. Increasing support for private investment.

Fully implement the "32 articles of the private economy", implement good elements to guarantee "3 70%", "seven not allowed" and other policies. Major projects will be regularly promoted to private capital around three categories of project lists: major projects and weaknesses, key industrial chain supply chains, and fully user-paid franchise projects. (Lead unit: Provincial Development and Reform Commission)

24. Standardize and implement new mechanisms for cooperation between the government and private capital.

To formulate the implementation rules of the new mechanism of cooperation between the provincial government and social capital, formulate the outline of the franchise program and the model of the franchise agreement, standardize and promote the cooperation projects between the government and social capital, and maximize the space for private investment. (Lead unit: Provincial Development and Reform Commission, Provincial Department of Finance)

25. Strengthen competition for excellence.

Improve the provincial expansion of effective investment "thousand trillion" project work class mechanism, the implementation of annual targets, quarterly decomposition, monthly drying, iterative investment "horse race" incentive mechanism, to promote the full and rapid implementation of incentive measures. Improve the "red flag" and "snail" project selection mechanism. We will improve the work supervision and interview system, and urge cities, counties and relevant responsible departments with lagging investment progress and slow project progress through monthly contact orders, quarterly supervision orders, and semi-annual work interviews. (Lead unit: Provincial Development and Reform Commission)