China Energy Policy Newsletter May and June 2019

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Herein please find this month’s China Energy Policy Newsletter, from the China Energy Transition Working Group, led by GIZ and the China National Renewable Energy Centre (CNREC) and supported by the Danish

As you likely already know, the government has released a large number of new policies related to wind and solar feed-in tariffs. In addition, subsidy-free wind and solar project development is accelerating, and there have also been new developments in simulated spot trading in Guangdong. We will have additional analysis of these developments over the next month.

The report was developed as part of an international project in which partners from China (CNREC), Germany (dena, GIZ, agora Energiewende), Denmark (DEA, EA Energy Analyses) and the U.S. (NREL) work together on solutions for the energy transition and publish the “China Renewable Energy Outlook (CREO)” every year.

Here is a brief summary of this month’s China Energy Policy Newsletter.

China Energy Transition Updates

  • The official renewable energy obligation policy issued
  • 21 GW subsidy-free wind and solar PV projects published
  • NDRC issued new onshore wind feed-in tariff policy
  • NDRC announced the new solar PV feed-in tariff policy
  • 2019 wind and solar PV tendering policy is receiving public comments
  • Coal power overcapacity is expected to ease in 2022
  • Sport power market pilot complete transaction settlement for the first time

Policy monitor

  • 2019 overcapacity reduction targets issued for steel and coal sectors
  • NEA announces 1.67 GW poverty alleviation solar PV projects
  • NEA drafting work plan for subsidy-free wind and solar PV projects
  • To encourage wind power heating to join market trading
  • Badly lagged incremental power distribution pilots may be cancelled

About the newsletter:

Responding to the imperative of transitioning to a low-carbon and cost-effective energy system in China, CNREC has launched the Boosting Renewable Energy as Part of China’s Energy Revolution project, which is jointly fund by Children’s Investment Fund Foundation (CIFF), the government of Denmark, and German Federal Ministry for Economic Affairs and Energy (BMWi). Within the project, the China Energy System Transition Working Group, led by GIZ and CNREC with support of DEA, monitors and assesses China’s ongoing energy policy developments and energy transition statistics, including renewable energy, power market reform, environment, and carbon markets. As part of this monitoring, the working group publishes the China Energy Policy Newsletter monthly via email. If you would like to subscribe or unsubscribe to the newsletter, please send the information below to energy-transition-china@giz.de

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China Energy Policy Newsletter – May and June 2019 download:

China Energy Policy Newsletter_May and June 2019