Wednesday, June 3, 2015

China begins power sector reform and focuses on energy efficiency and renewables

In April  Chinese government issued four documents on power sector reform, which  outlined long-awaited upgrades to the functioning of the world's largest power utility. The reforms cover a number of important topics, including:

emphasize on increased use of market mechanisms, injecting competition and diversification of supply, paying more attention to environmental protection
support of demand-side management (DSM) as a tool for improving energy efficiency and increasing the share of renewable energy and distributed generation
- introduction of specific pilot projects in the field of power sector reform, located in several major cities