🎉Strong boost for Wind and Solar development in China.
🇨🇳energy regulator NEA aims to raise Wind & Solar generation's share in total power consumption to 11% in 2021 and 16.5% in 2025, from 9.7% in 2020.
This implies adding 100GW Wind&Solar per year.
🇨🇳energy regulator NEA aims to raise Wind & Solar generation's share in total power consumption to 11% in 2021 and 16.5% in 2025, from 9.7% in 2020.
This implies adding 100GW Wind&Solar per year.
China National Energy Administration released draft Notice on Wind and Solar Development in 2021 for consultation.
The overall objective is to 'achieve 2030 targets of 25% non-fossil share and 1200GW Wind and Solar capacity'
NEA: nea.gov.cn/2021-04/19/c_1…
The overall objective is to 'achieve 2030 targets of 25% non-fossil share and 1200GW Wind and Solar capacity'
NEA: nea.gov.cn/2021-04/19/c_1…
How can China ensure the massive scale of Wind and Solar integrated into power system?
It is quite clear now that 'Provincial RE Quota Obligation' is the central mechanism to implement and facilitate RE integration, supplemented by Green Certificate etc.
It is quite clear now that 'Provincial RE Quota Obligation' is the central mechanism to implement and facilitate RE integration, supplemented by Green Certificate etc.
An insightful analysis and explainer by @derznovich explaining China's provincial RE quota and renewables certificate when the scheme was launched in 2018.
chinadialogue.net/en/energy/1057…
chinadialogue.net/en/energy/1057…
The 40% RE target for 2030 was from the draft consultation by the NEA back in February (not to the public):
chuneng.bjx.com.cn/news/20210210/…
All the provinces need to reach 40% RE in power consumption, so either build own RE or trade the obligation.
chuneng.bjx.com.cn/news/20210210/…
All the provinces need to reach 40% RE in power consumption, so either build own RE or trade the obligation.
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