|Year:||2012 (May 25th)|
|Policy status:||In Force|
|Date Effective:||2012 (May 25th)|
|Policy Type:||Policy Support, Policy Support>Strategic planning, Regulatory Instruments, Policy Support>Institutional creation, Research, Development and Deployment (RD&D)>Demonstration project|
|Policy Target:||Multiple RE Sources|
|Policy Sector:||Framework Policy|
|Size of Plant Targeted:||Small and Large|
|Agency:||National Energy Administration|
China plans to construct demonstration city relaying extensively on renewable energy sources for heating and electricity needs. Project will be backed with financial support from governmental budget. In order to facilitate and manage the project New Energy Demonstration City Fund will be created.
In order to benefit from the support from the Fund, renewable energy consumption of projects must be higher than 3% of total energy demand.
There are detailed specifications and requirements for the utilization of wind, solar, biomass and geothermal that were established by the National Energy Administration in May 2012.
Last modified: Mon, 21 Mar 2016 11:27:37 CET