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National Energy Administration (NEA) 2008/12/18

NEA is responsible for formulating and implementing energy development plans and industrial policies; promoting institutional reform in the energy sector; administering energy sectors including coal, oil, natural gas, power (including nuclear power), new and renewable energy and etc.; taking charge of energy conservation, comprehensive utilization of resources in the energy sector; guiding scientific and technological advancement; organizing and carrying out the R&D of important equipment and guiding the assimilation and innovation of imported complete sets of major equipment; organizing and coordinating key energy-related demonstration projects and promoting the deployment of new products, new technologies and new equipments; approving, reviewing, or examining fixed asset investment projects of the energy sector within national plans and the scale of annual plans in accordance with the authority stipulated by the State Council; conducting energy forecasting and precaution and participating in energy operation coordination and emergency preparedness; formulating and implementing national oil reserve plans and polices; taking the lead in launching international energy cooperation; participating in the formulation of policies related to energy such as resources, finance and taxation, environment protection, and addressing climate change; making recommendations on energy price adjustment and imports and exports aggregate; and undertaking the daily work of the National Energy Commission.