China changes law to build green channel for renewable energy development

Xinhua Beijing, December 26 (reporter Zhao, He Zongji) the country to implement renewable energy generation of full supportability acquisition, the state finance set up renewable Energy Development Fund ... The NPC Standing Committee held its 12th meeting 26th to vote on the decision to amend the Renewable Energy Law.　　The revised renewable Energy Law provides a clear set of hot topics in renewable energy development, such as supportability and financial support. Renewable resources, including wind energy, solar energy, hydro power, biomass energy, geothermal energy and ocean energy, have the characteristics of wide distribution of resources, large utilization potential, small environmental pollution and sustainable utilization.　　China is the country with the fastest growth in new and renewable energy sources, with hydropower installed capacity, solar water heaters, and photovoltaic capacity being the first in the world. Less than 10 days after the Copenhagen Conference, the NPC Standing Committee passed a decision to revise the renewable Energy Law, adapting to the current situation of renewable energy development in China, as well as its determination and confidence in coping with climate change.　　Nu Yue, vice chairman of the National People's Congress Environment and Resources Protection Committee.　　However, since the implementation of the Renewable Energy Law in 2006, the issue of the full acquisition of renewable energy power generation is difficult to implement, and the source of the difference in the supply of renewable energy is unclear. The revised renewable Energy Law, while providing for a full acquisition system, however, the main problem is that the power generation enterprises and the power grid enterprises fulfill the grid-connected agreement in the scope of power grid coverage, because of the unclear relationship between the interests and responsibilities of the enterprises, the lack of effective administrative control means and the requirements for the supportability and acquisition index of the power grid enterprises,　　It is difficult to implement the provisions relating to full acquisitions. Therefore, the revised law is clear, the State Council Energy Department in conjunction with the state power regulatory agencies and the State Council financial sector, according to the National Renewable energy development planning, to determine the planning period should be achieved in the renewable energy generation accounted for the proportion of total electricity generation,　　The establishment of power grid enterprises to prioritize and fully purchase renewable energy generation of specific measures, but also made clear that this work by the State Council Energy Department and the state power regulatory authorities urged implementation. The establishment of a renewable energy development Fund is an effective way for many countries in the world to promote sustainable and rapid development of renewable energy.　　The renewable Energy Law, as amended, provides for the establishment of a renewable Energies Development fund by the State finance. According to the law, the source of renewable energy development is renewable energy price additional income, the other is the national financial special funds. The law was amended to integrate the two funds into a renewable energy development Fund. "This will enable renewable energy development to be more effectively funded and effective in promoting renewable energy development."　　"Nu Yue said.　　It is disclosed that the authorities concerned are working on the drafting of the Renewable Energy Development Fund's governance approach and will soon be enacted. In addition, the revised Renewable Energy Law also stipulates that the national development and utilization of renewable energy planning, wind energy, hydro, solar energy, biomass energy and other renewable energy development and utilizationMake an overall arrangement.