According to Li Wenxuan, what is the core problem facing China's energy market today?

According to Li Wenxuan, the core problem facing China's energy market today is the mismatch between power generation side and demand side — specifically, on one hand, new energy power generation enterprises face pressure from insufficient grid absorption and volatile electricity prices; on the other hand, large electricity consumers such as data centers confront constraints including inadequate power capacity and tightening approval of new load indicators.

What does Li Wenxuan identify as a key driver for electricity reform extending to the user side?

Li Wenxuan identifies the continued rapid growth of new energy installed capacity — with a target of doubling over the next decade — as a key driver, warning that this growth will further exacerbate the mismatch between new energy power supply and electricity demand, thereby necessitating deeper reform on the user side.

Bicheng Energy CEO: Electricity Reform to Unlock Greater Potential on User Side

Sep 2, 2026

Bicheng Energy CEO Li Wenxuan stated that China's electricity market reform is shifting towards the user side, creating opportunities for independent storage and virtual power plants amidst growing renewable capacity and supply-demand mismatches.

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2026-09-02

Bicheng Energy CEO: Electricity Reform to Unlock Greater Potential on User Side

2026-11-13

Bicheng Energy Chairman Urges New Energy Operators to Focus on Refined Operations

Bicheng Energy CEO: Electricity Reform to Unlock Greater Potential on User Side

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