Clean Technica | By: Smiti | November 24, 2017:

China has launched a major reform in its power sector which will enable renewable energy generators not linked to the main power grid to sell electricity easily.

The National Energy Administration (NEA) recently announced that small and medium-sized renewable energy generators will now be allowed to sell electricity to willing buyers directly. The sale of electricity from distributed projects will be take place only in the regions where power demand is high and ample transmission capacity exists.

Renewable energy projects participating in the pilot trading scheme will be eligible for subsidies, but wind and solar energy projects will receive reduced subsidies as they will get market rates for the electricity sold. Power will be sold from these at existing power trading platforms.

 

 

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