Energy & Chemicals Industry Analysis

Analysis on Status Quo and Policies of China Photovoltaic Power Generation, 2018

According to the National Development and Reform Commission, the Ministry of Finance, and the National Energy Administration, the standard on-grid power prices of photovoltaic power station newly put into running will decrease by 0.05 CNY/kWh. Ordinary photovoltaic power stations except those connected with the grid before May 31 will no longer obtain subsidy this year. The subsidy policy for distributed photovoltaic power generation has also been tightened with an annual upper limit of 10GW. This policy accelerated the decline of photovoltaic industry subsidy, and photovoltaic enterprises cannot count on subsidy…

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Energy & Chemicals Industry Analysis

Overview of Power Generation in China

Power generation by sources of energy in China in 2016 In 2016, thermal power plants constituted the largest share in the power generation mix in China, accounting for approximately 71.6% of the total national power generation. Hydropower takes the second highest share, accounting for approximately 19.7% of the total power generation. Of the thermal power generation fleet in China, combined heat and power generation is an important sub-segment. In 2014, combined heat and power (“CHP”) generation capacity in China reached approximately 280.1 GW, accounting for approximately 30.3% of the total…

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