Government policy and investment in clean energy (China)

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Contents

Notes only, will clean up

  • 15% RPS (Renewal Portfolio Standard) by 2020
  • $35 billion investment in 2009 [1]
  • $37 billion Smart Grid investment by State Grid Corp in 2010[2]
  • hydroelectric now <210 GW, must increase to 320+ GW by 2020 (to meet carbon intensity reductions)[3]
  • China passes US energy consumption, the energy leader for past century (IEA)[4]
  • China expected to add 1000 GW in next 15 years (equal to US total today)(IEA) [4]

Laws and Policies

  • Medium- to Long-Term Development Plan for Renewable Energy (2004)
  • The Renewable Energy Law of 2006 (grid companies to purchase electricity from renewable sources)
  • Medium- to Long-Term Science and Technology National Plan, or S&T Plan (2006) (govt role in innovation activities)
    • 863 Program
  • 2011-2015 Energy Law in development[5]

China-US Cooperation

[6]


[1] [7] [8] [2] [3] [5] [9] [10] [4]

References

  1. 1.0 1.1  "Apollo Alliance blog"
  2. 2.0 2.1  "Smart Grid in 5-Year Plan"
  3. 3.0 3.1  "Increase in hydropower needed to meet carbon reduction targets (China Environmental Brief, 7/1/2010)"
  4. 4.0 4.1 4.2  "{{{title}}}"
  5. 5.0 5.1  "Barbara Finamore, NRDC, July 8, 2010, 'encourage' or 'priority'"
  6. http://www.nytimes.com/cwire/2010/09/14/14climatewire-amid-trade-tensions-us-creates-more-clean-te-79928.htm New York Times, 9/14/2010
  7.  "(CAP) China's Clean Energy Push"
  8.  "Security Tops Environment in China's Energy Plan"
  9.  "Julian Wong, Testimony, US-China Economic and Security Review Commission, July 14, 2010"
  10.  "US-China Economic and Security Review Commission, July 14, 2010"