According to CoinMeta, the National Development and Reform Commission and the National Energy Administration have issued the "15th Five-Year Plan for New Energy Storage Implementation," which proposes to further promote the participation of new energy storage in the electricity market and encourages large new energy bases equipped with new energy storage to participate in the medium- and long-term market across provinces and regions as a whole. The plan also encourages local authorities to promote the participation of energy storage as independent entities in the electricity market based on local conditions, and to study and improve the setting of price limits in the medium- and long-term electricity market and the spot market, in order to create space for the development of new energy storage.