Chinese firms ordered to buy 15% wind power

China’s major electricity suppliers will be ordered to buy up to 15% of their power from renewable sources. Reports claim the companies will have to source between 5-15% from wind […]

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By Priyanka Shrestha

China’s major electricity suppliers will be ordered to buy up to 15% of their power from renewable sources.

Reports claim the companies will have to source between 5-15% from wind farms depending on their location although it may be years before the country’s wind power developers’ benefit from it.

China has the world’s largest wind power capacity but experts claim a third of it is idle due to expensive grid connections, which have slowed turbine installations.

Mr Hu Yongsheng, President of China Datang Corporation Renewable Power said the new system could help energy distributors.

He said: “With the roll-out of the quota system and acceleration of grid construction, the problem of distributors holding back on wind power purchases will ease.”

However, reports suggest power developers will continue to struggle until China reforms a pricing policy for wind power and other renewables.