Amendment to Chinese energy law adopted
Chinese state-run news agency Xinhua reported Chinese lawmakers adopted the amendment to China's renewable energy law during a National People's Congress Standing Committee meeting.
The amendment also requires the State Council Energy Department and the state power regulatory agency to "determine the proportion of renewable energy power generation to the overall generating capacity for a certain period."
Under China's renewable energy law, electricity grid companies will face sizable fines if they fail to purchase power generated from renewable resources such as non-fossil fuels or wind and solar power.
The law and its adopted amendment come about as China remains reliant on coal as a power supply. Two-thirds of the country's power supply comes from coal, Xinhua said.
Related News
Duke Energy reaffirms capital investments in renewables and grid projects to deliver cleaner energy, economic growth
CHARLOTTE - Duke Energy says that the company will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables, battery storage, energy efficiency programs and grid projects.
Duke Energy, the nation's largest electric utility, unveils its new logo. (PRNewsFoto/Duke Energy) (PRNewsfoto/Duke Energy)
Duke Energy's $56 billion capital investment plan will deliver significant customer benefits and create jobs at a time when policymakers at all levels are looking for ways to rebuild the economy in 2020 and beyond. These investments will deliver cleaner energy for customers and communities while enhancing the energy grid to provide greater…
