Shanghai Municipal New Power System Regulation Capacity Incentive Fund Management Measures: Virtual power plants are awarded 50 yuan/kilowatt per year based on their regulation capacity.

Shanghai Municipality has issued the "Management Measures for Incentive Funds for New-Type Electric Power System Regulation Capacity", which adopts a fund incentive method to reward virtual power plant operators and new energy storage companies that meet the requirements for grid-connected projects from January 1, 2024 to December 31, 2028. Among them, the incentive standards for 2025 apply to projects connected to the grid before September 1, 2025. For virtual power plant resource aggregation platforms, a reward of 50 yuan/kWyear will be given based on regulation capacity, with a maximum annual reward of 1.5 million yuan for each platform, and the reward period is 3 years. For V2G smart charging piles, rewards will be given based on the regulation capacity assessment results of the grid enterprises, with a reward period of 3 years. Individuals who replace non-smart charging piles with smart charging piles by the end of 2024 can receive rewards for smart charging piles; those who complete the replacement after 2025 will no longer be rewarded.