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China Said to Mull Wind, Solar Power Tariff Cuts Through 2020

2015-10-30 10:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: China is considering cutting the preferential rate it offers wind and solar power developers because the surcharges slapped onto electricity bills to pay for clean-energy subsidies arent high enough. The National Development and Reform Commission, Chinas top economic planning agency, plans to cut the tariffs annually in the five years through 2020 to make electricity from clean sources more competitive compared with coal power, according to a document seen by Bloomberg. China proposes reducing...

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Category:Electronics and Electrical

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