China Plans Measures to Boost Revenues for Renewable Power Companies
China is planning further measures designed to prioritise use of
A draft rule issued by the National Energy Administration will apply to non-hydropower resources, including wind, solar, biomass, geothermal and ocean power, the administration said in a statement.
Despite rapid expansion and a drastic fall in the cost of producing power, renewable firms are still struggling to produce power as cheaply as coal-fired plants.
Photo courtesy of Señor Codo.