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Non-Tech : Alternative energy
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From: Eric11/13/2017 9:45:04 AM
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AECEA expects a total installed PV capacity in China of 120 GW in 2017


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11.11.2017: According to the Asia Europe Clean Energy (Solar) Advisory Co. Ltd. (AECEA), the China Renewable Energy Outlook 2017 elaborated by the China National Renewable Energy Centre (CNREC) recommends to China’s National Energy Administration (NEA) that the 13th Five-Year Plan (2016-2020) capacity targets for 2020 are minimum targets and development should go beyond these targets.

For photovoltaics the CNREC recommends a capacity from 110 GW to 200 GW (wind from 210 GW to 350 GW; bioenergy from 15 GW to 30 GW), furthermore to increase efforts to reduce coal consumption, to stop the approval of new coal power plants and to reduce the share of coal of the primary energy consumption from 64 percent to 33 percent by 2030.

Moreover, the government should increase the use of competitive auctions to lower the Feed-in tariff (FIT) for both large-scale wind and solar projects. The FIT could be replaced by a Feed-in Premium (FIP) or Contract for Difference (CfD) when efficient wholesale markets are in place. Overall, the above target recommendations would bring the installed power generation capacities (excluding large-scale hydro, geothermal and nuclear) to a total of 500 GW by 2020, says AECEA.

At the end of 2017, the consultancy expects a total installed PV capacity of approximately 120 GW. Looking ahead, a turning point in terms of support policy design could be in 2020 when the drafting of the then 14th Five-Year-Plan (2021-2025) should be in full swing allowing a shift towards phasing out conventional FITs and replacing them with a FIP/CfD scheme by 2021.
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