China and the United States A Comparison of Green Energy Programs and Policies, Richard J. Campbell, Specialist in Energy Policy, June 14, 2010
“China is the worlds most populous country with over 1.3 billion people. It has experienced tremendous economic growth over the last three decades with an annual average increase in gross domestic product of 9.8% during that period. This has led to an increasing demand for energy, spurring China to add an average of 53 gigawatts (GW) of electric capacity each year over the last ten years to its power generation capabilities…The key piece of legislation in recent years for advancing renewable electricity in China is the Renewable Energy Law of 2005. The law was designed to promote the development and utilization of renewable energy, improve the energy structure, diversify energy supplies, safeguard energy security, protect the environment, and realize the sustainable development of the economy and society. Renewable energy is subsidized by a fee charged to all electricity users in China of about 0.029 cents per kilowatt-hour (kwh). The fee was originally based on the incremental difference between coal and renewable energy (estimated in China at $0.044 to $0.059 per kwh), and goes to the companies which operate the electricity grid and must buy renewable power from project developers.”
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