Policy

Corporate Net Zero pathways: Purchase of green power expected to takeoff in Shandong as provincial government cracks down on ‘two high’ projects

Two high industries are pressured to reduce their emissions As China’s 3rd economy with a high share of the country’s industrial production, Shandong province accounted for more than 58 % of the total cumulative transaction amount of carbon emissions allowances in China up to the end of 2021. The recent “Measures for Alternative Carbon Emission …

Corporate Net Zero pathways: Purchase of green power expected to takeoff in Shandong as provincial government cracks down on ‘two high’ projects Read More »

Shanghai to add 1.8 GW of new wind power capacity during the 14th FYP period

The General Office of the Shanghai Municipal People’s Government issued the “14th Five-Year Plan” for resource conservation and circular economy development in Shanghai. The plan suggests accelerating the construction of offshore wind power bases in Fengxian, Nanhui, Jinshan and other regions to reach 1.8 GW of new installed wind capacity, while actively promoting demonstration pilot …

Shanghai to add 1.8 GW of new wind power capacity during the 14th FYP period Read More »

Zhejiang has released its 14th FYP for the energy sector

The Zhejiang Provincial People’s Government recently issued the “14th Five-Year Plan” for energy development in Zhejiang Province including the following targets: General: Strong emphasis on energy security and grid flexibility. Gas and coal storage capacity will be increased 55 % compared to 2020 to 120 million tons coal equivalent. Peak shaving capacity will be increased …

Zhejiang has released its 14th FYP for the energy sector Read More »

Non-hydro RPS reached 13.7% in 2021, exceeding the minimum target by 0.8 pp

The National Energy Administration (NEA) has released data for the completion of the RPS (Renewable Portfolio Standard) for the year 2021. In 2021, the national renewable energy power generation reached 2,485 TWh, including 1,340 TWh of hydropower, 164TWh of biomass power, 656 TWh and 326 TWh of wind and solar power respectively. For 2021, the …

Non-hydro RPS reached 13.7% in 2021, exceeding the minimum target by 0.8 pp Read More »