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[SMM Hydrogen Policy Update] Shanxi Development and Reform Commission: Introduces Special Fund Policy for Hydrogen Energy Projects, with Maximum Support of 15%

Business ProBy Business ProOctober 23, 20253 Mins Read
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On October 21, 2025, the Shanxi Provincial Development and Reform Commission issued an announcement soliciting public comments on the “Measures of the Shanxi Provincial Development and Reform Commission for Strengthening the Management of Special Funds for the Construction of the Energy Production, Supply, Storage, and Sales System.” The relevant policy content and details are as follows:

I. Basic Positioning of the Special Funds

Nature of the Funds: These special funds are provincial-level capital construction funds allocated by the Provincial Development and Reform Commission, specifically used to support the strengthening of the energy production, supply, storage, and sales system.

Support Methods: Two methods are adopted: direct investment and investment subsidies, which are directly allocated to specific projects that meet the requirements.

II. Core Requirements for Project Application

Project Stage Restrictions: The special funds are only applicable to projects planned to start construction or already under construction; in principle, completed projects are not supported.

Uniqueness of Funding: Projects that have already received support from other provincial-level special funds will not receive additional support through this special fund.

Approval Method: The amount of special funds allocated to a project is, in principle, determined in a one-time approval to ensure the stability and clarity of fund distribution.

III. Six Key Supported Areas and Their Content

Supported Areas and Specifically Covered Project Types

Supported Areas Specifically Covered Project Types
Production Capacity Optimization and Enhancement 1. Equipment procurement and supporting facility construction for the green and intelligent upgrading of coal mines
2. Construction of auxiliary service supporting facilities for large-scale wind and solar power bases
3. Upgrading of gathering and processing facilities for unconventional natural gas fields
Energy Infrastructure Upgrading 1. Construction of generation-grid-load-storage integrated interaction projects for distribution grids
2. Upgrading projects to enhance the loading and unloading capacity of coal collection and distribution stations
3. Interconnection projects for natural gas pipeline networks and upgrading of distribution stations
4. “County-to-County” pipeline natural gas projects and comprehensive coverage projects for development zones
5. Network layout projects for heavy-duty truck battery swapping stations
Safety Reserve Capacity Building 1. New-type energy storage facility projects on the power supply side
2. Construction of underground gas storage and large-scale liquefied natural gas storage facilities
Technological Innovation Demonstration and Application 1. Demonstration and application of technological innovations in the production and utilization of coal, power, unconventional natural gas, etc.
2. Demonstration and application of advanced applicable technologies such as hydrogen energy, geothermal energy, and biomass energy
Energy Equipment Industry Development Mainly supports the construction projects for extending, supplementing, and strengthening the coalbed methane equipment manufacturing chain
Operation Dispatch Platform Construction Mainly supports the construction of platform projects such as the natural gas emergency dispatch command center

IV. Fund Subsidy Standards

Maximum Support Ratio: The support ratio from the special funds for a project shall, in principle, not exceed 15% of the project’s approved investment amount.

Maximum Amount per Project: The maximum support amount a single project can receive through this special fund shall not exceed 10 million yuan.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM’s internal database model, for reference only and do not constitute decision-making recommendations.

(Source)

Commission Development Energy Fund hydrogen introduces maximum Policy projects reform Shanxi SMM Special support Update
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