Originally published 19th August 2005
The recent passing of the 'Renewables Law' is set to turn China into a global heavyweight in the future development of the renewable energy sector.
According to estimates, China's energy consumption is expected to top 3 billion tons of standard coal by 2020. The Government has recognised that it will need to make significant progress in saving energy, optimizing the nation's energy structure and developing renewable energy to avoid environmental/ecological damage and power deficits from hampering economic and social development. However, the development of renewables in China faces a number of technical, administrative and capacity constraints.
To deal with these constraints, the Chinese Government is devising a comprehensive renewable energy strategy for making power generation from renewable energy sources competitive, on an economic basis, with coal-fired power plants in supplying electricity to large-scale power grids. The Law of Promotion
