The Chinese government regulatory and policy framework has led to the exponential growth of wind power sector in recent years.
The wind power installation in China has witnessed average growth of 100% since the implementation of renewable energy law in 2006. The law provides a feed-in tariff for some technologies and establishes grid feed-in requirements and standard procedures.
During 2009, the Chinese government introduced a feed-in tariff structure for wind power sector which will apply for the entire operational period of a wind farm. The feed-in tariff structure has defined four different categories of tariff depending on a particular region’s wind resources, ranging from Yuan 0.51/kWh to Yuan 0.61/kWh.
China is expected to lead the global wind power market in the coming 5 years, driven by government appetite for renewable energy. Chinese government commitment to derive 20% of energy from renewable sources by 2020 will result in the required thrust towards the future growth of wind power market.
The research report “China Wind Power Sector – Regulatory & Policy Landscape” discusses and gives detail overview on the regulatory framework related to wind power sector in China. this study begins with a brief outlook of regulatory landscape in china followed by detailed overview on Renewable energy Law 2005 and amendments in 2009, Mid to Long Term Development Plan for Renewable Energy, Strategy and Goals of Energy Department, wind farm tariff structure, wind power equipment policy, offshore wind power policy and a brief overview on the wind power market.
[mappress]
Source: bharatbook, September 15, 2010;