NEA: China to set out new energy system in 15th Five-Year Plan

China targets to preliminarily establish a new energy system over the 15th Five-Year Plan (FYP) period (2016-2020) as part of its faster push toward decarbonization, with 2026 set as a pivotal year for releasing policies and setting the pace, according to a post issued by the country's National Energy Administration (NEA) on its official WeChat account on February 23.

The NEA maps out clarified goals in the post after the acceleration of building a new energy system characterized by a "green, low-carbon, safe, and efficient" structure was identified as a key priority for China's economic work earlier this month. Together with the State Council's directives to improve the national