China’s shift to market-based electricity prices is such a big and important topic that we will cover it on and off for the rest of this year, this time with only a brief article. Something to watch in this context is the solar module price (determined in part by how much surplus the Chinese have to export after addressing domestic demand) – if it doesn’t rise ahead of June 1st, it definitely won’t afterwards, perhaps not for several years straight. This week, to help us predict the immediate impact of the reform, we have data from the National Energy Administration which shows that residential solar installations shrank from 20% to 11% of new additions from 2023 to 2024, while the…