INTIEAPeople's Republic of China · Improving the Construction and Operation of Biomass Power Generation Projects - Implementation PlanPolicyIn force

Improving the Construction and Operation of Biomass Power Generation Projects - Implementation Plan

The implementation plan stipulates that biomass generation subsidies for 2020 will be capped at RMB 1.5 billion (USD 220 million). A new monitoring mechanism sets out which projects are eligible for subsidies, with a traffic light rating to reflect a province’s current levels of…

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Country / jurisdiction: People's Republic of China · Year: 2020 · Status: In force · Level: National · Type: Voluntary

The implementation plan stipulates that biomass generation subsidies for 2020 will be capped at RMB 1.5 billion (USD 220 million). A new monitoring mechanism sets out which projects are eligible for subsidies, with a traffic light rating to reflect a province’s current levels of biomass generation. For next year, all subsidies will be distributed through auctioning, with central government phasing out subsidies and provincial governments taking up some of the burden of funding. The new policy also aims to further incentivise co-generation projects to provide heat services, and to encourage more co-firing with agricultural and municipal waste.

Official source: https://www.ndrc.gov.cn/xxgk/zcfb/tz/202009/t20200916_1238868.html

المصدر

https://www.iea.org/policies/12995

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