Development of alternative Power Generation Industry in China

(Diese Studie steht leider nur in Englisch zur Verfügung.)

With electricity shortages in 2003 and 2004, the Alternative Power Generation Industry in China developed rapidly in most of the following years, registering one of the highest growth rates among all industries in the country. The industry is highly assisted by the government including the provision of favorable taxation policies, assistance for policies for low interest loans from domestic commercial banks, support for overall planning and management of new energy resources, simplified procedures for project approval and land-use applications, and favorable policies on off-take quantity and electricity prices after integration with the power grid (although these vary by project size and regions).

For the 2008 Beijing Olympics, the government reduced thermal generation around major cities and implemented various renewable power generation methods and energy-saving regulations. Additionally, total industry assets in 2008 grew strongly, as enterprises benefited government support via the Energy Law in 2009 and enlarged their investment. However, the expected establishment of the Ministry of Energy did not occur in the reorganization of Ministries in early 2008, which indicated the energy policy in the near future will not involve significant change.

In 2007, as more enterprises started businesses in this industry, industry revenue increased by 49.8%. With the Renewable Energy Law being implemented in 2006, the industry resumed its rapid development after an industry revenue decline in 2005. Industry revenue increased by 171% in 2006.

Alternative Power Generation in China

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