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Accelerating hydropower development, improving wind power performance, promoting interprovincial trade in renewable energy and promoting green electricity schemes could help China achieve its goal of meeting 15 percent of its primary energy consumption through non-fossil fuels by 2020, says a new report funded by the World Bank and the Energy Sector Management Assistance Program (ESMAP).
The policy note, “China’s Envisaged Renewable Energy Target: The Green Leap Forward”, first evaluates the existing and envisaged government’s renewable energy targets by comparing them to two optimal solutions that were optimized using two contrasting external values for environmental pollutants under the same economic and technical assumptions. Second, the policy note assesses the existing policies and their adequacy to achieve renewable energy scale-up and the government targets. Finally, the policy note provides high-level policy recommendations that could be considered to promote the renewable energy development in China.
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