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On December 15, the National Energy Administration announced the "Twelfth Five-Year Plan" target for China's renewable energy development. By 2015, China will strive to establish a competitive renewable energy industry system. The total development of non-fossil energy resources such as wind power, solar energy, biomass energy, solar thermal utilization, and nuclear power will reach 480 million tons of standard coal.
At the summary meeting of the China Renewable Energy Scaled Development Project (CRESP) held in Beijing on the same day, a series of targets for the 12th Five-Year Plan for renewable energy in China were released, including that by 2015, wind power will reach 100 million kilowatts. The annual power generation capacity is 190 billion kwh, of which offshore wind power is 5 million kilowatts; solar power generation will reach 15 million kilowatts and annual power generation will be 20 billion kilowatt-hours.
According to reports, the National Energy Administration will launch a renewable energy quota system in the next step. At present, the quota system already has a basic framework that may be formed and implemented early next year.
At the summary meeting of the China Renewable Energy Scaled Development Project (CRESP) held in Beijing on the same day, a series of targets for the 12th Five-Year Plan for renewable energy in China were released, including that by 2015, wind power will reach 100 million kilowatts. The annual power generation capacity is 190 billion kwh, of which offshore wind power is 5 million kilowatts; solar power generation will reach 15 million kilowatts and annual power generation will be 20 billion kilowatt-hours.
According to reports, the National Energy Administration will launch a renewable energy quota system in the next step. At present, the quota system already has a basic framework that may be formed and implemented early next year.
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