China’s energy demand has been growing at breathtaking pace putting pressure on the security of the country’s electricity supply, 70 per cent of which is based on coal. This ‘Inside story on climate compatible development’ by the Climate and Development Knowledge Network shows that the Chinese government is increasingly looking at renewable energy sources to help provide electricity in an environmentally and socially acceptable way – and at a competitive price. Wind power has been identified as one of the most technologically proven and financially viable technologies, making it today’s market leader. The brief finds that a clear expression of political will, backed by a set of effective policy measures, has been crucial to China’s success in building the world’s largest wind power market. Moreover, the establishment of a stable and favourable pricing mechanism is essential for the development of wind power, because it increases the chances for profitability and growth.
This summary was prepared by Eldis.
Related Case Studies
The Clean Development Mechanism (CDM) was created under the Kyoto Protocol to enable developing countries to sell carbon credits to developed countries. According to this ‘Inside story on climate compatible development’ by the Climate and Development Knowledge Network, China’s extraordinary embrace of the market opportunities afforded by the CDM has...
Thailand’s support policies for renewable energy in the power sector have allowed individual small projects to add up to something substantial, attracting more investment and leading to faster growth in the sector than in most other Asian nations. Thai energy policy is complex, and the development of renewable energy has...
India, recognising the challenge of pursuing economic growth in a sustainable manner, has developed an energy efficiency scheme to govern large energy consumers. According to this ‘Inside story on climate compatible development’ by the Climate and Development Knowledge Network, there is great potential to improve efficiency in energy-intensive industries and...
Kenya’s heavy reliance on hydroelectricity production has made the country vulnerable to climate change impacts, such as drought and erratic rainfall patterns. According to this ‘Inside story on climate compatible development’ by the Climate and Development Knowledge Network, Kenya needs to develop a more resilient and stable supply of electricity...