Dec 10 2010
Reportlinker has announced the inclusion of a new research report on China’s renewable energy market.
The report starts with an introduction to explain how the Chinese government is managing the task of coping with the growing demand for power while dealing with the continuous altercations created by over reliance on energy imports, reliability of imports, and consequent impacts on the environment. The report mentions the commitment of China to invest over $1 trillion in renewable energy products during the next decade to achieve its aim of becoming a green economy.
The report highlights how the overseas companies are able to join the renewable energy market of China with its exclusive control over transmission lines and regulated price policy. It details how the clearer and favorable energy policies of the government encourage market competition and allows the growth of renewable energy at a faster pace. The report offers details on various incentives available for the power producers and how the commitment of the government towards renewable energy is sensed all over the nation. The report estimates the penetration of wind and hydro power at higher level, followed by solar energy, while geothermal and biomass energy has made its modest presence and wave and tidal energy are at their beginning stage. The report indicates that China will exceed the set renewable energy targets for 2020 well in advance.
The report answers some of the key questions such as how the government legislation and widely prevailing market trends determine the growth of important renewable energy markets. The report details the important renewable energy opportunities available in various provinces by highlighting the potential of each province and the type of renewable energy mix that can be evolved. It also explains the various renewable energy strategies likely to be introduced and the favorable places to enter the renewable energy markets of China.
Source: http://www.reportlinker.com/